What is money though? What it has been through time?
Is money cash? Or the bits on your bank's database holding your account.
Or the market value of the stocks you hold, or the cryptocurrency in a wallet, or gold you have in a safe somewhere
What if you are wealthy rich and just take loans (debt) on your stock or whatever?
Money is not just money, and at a certain point, money only matters for what it allows you to do without flexing too much muscle and taking a hit. Wanna cure cancer? Maybe 7.5M can't do it but are a good start. (Hey moderna is going there with the new mRNA vaccines...)
From a utilitarian perspective: money represents choices. If you have a lot of it, you have more choices: whether to go to work or not, live in any country you like, doing chores or not, and living in any neighborhood. The less money you have, the fewer the options are.
Is money cash? Or the bits on your bank's database holding your account.
Or the market value of the stocks you hold, or the cryptocurrency in a wallet, or gold you have in a safe somewhere
What if you are wealthy rich and just take loans (debt) on your stock or whatever?
Money is not just money, and at a certain point, money only matters for what it allows you to do without flexing too much muscle and taking a hit. Wanna cure cancer? Maybe 7.5M can't do it but are a good start. (Hey moderna is going there with the new mRNA vaccines...)
But yeah I'm broken, that I reckon.
Definetly not financial advise.