Who has the right to create the money? | |
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syncro
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larry4812
User ID: 44388085 Canada 06/29/2021 08:21 AM Report Abusive Post Report Copyright Violation | they print it for themselves at this point, no? Thread: Theory on Money's relationship to the Universe Last Edited by larry4812 on 06/29/2021 08:22 AM “The cosmos is within us. We are made of star-stuff. We are a way for the universe to know itself.” - Carl Sagan |
syncro
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syncro
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TheFool
Bajoran lightship ~ guest User ID: 79819224 United States 06/29/2021 08:37 AM Report Abusive Post Report Copyright Violation | |
DangerClose
User ID: 80528887 United States 06/29/2021 08:38 AM Report Abusive Post Report Copyright Violation | I prefer to secure my wealth in the 2 metals that have always been valued by mankind since it's discovery thousands of years ago. There are people out there now purchasing land with their metals instead of this fiat we got floating around globally. My posts that can be misconstrued as "extreme" and/or "radical" are satirical. #NoHymenNoDiamond #PoppedCherryDontMarry |
Saint Lance the Odd from BC
User ID: 77547432 Canada 06/29/2021 08:38 AM Report Abusive Post Report Copyright Violation | 'Money'? Those who mine it. Which includes Au, AG and BTC. Toil for it. If you are not busy weaving your own magick, you are trapped in anothers spell. “It’s time you realized that you have something in you more powerful and miraculous than the things that affect you and make you dance like a puppet.” – Marcus Aurelius |
is he?... no User ID: 74648117 United States 06/29/2021 08:39 AM Report Abusive Post Report Copyright Violation | |
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syncro
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no worries User ID: 74648117 United States 06/29/2021 08:43 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80519618 United States 06/29/2021 08:46 AM Report Abusive Post Report Copyright Violation | Everyone can. The issue comes when you need a central trading unit of value. "money" is just an agreed upon unit of value. If you need your lawn cut and don't want to do it, and I agree to cut your lawn if you watch my house while on vacation. The amount of time spent on each action was seen as having the same value for those involved. |
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Anonymous Coward User ID: 77117996 Canada 06/29/2021 08:51 AM Report Abusive Post Report Copyright Violation | Everyone creates their own money. It is simply representative of the energy used to complete a task. I write a BILL and that is the first form of money. I then exchange it for a cheque. Now the bill has been discharged and the value transferred into cheque form. Again, exchange it for public tender and wala. It’s just like magic |
Miri2019
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Miri2019
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syncro
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SoulWinner
User ID: 58577065 United States 07/03/2021 12:09 PM Report Abusive Post Report Copyright Violation | From my gut...and vague memory of money & credit theory in college: There is no inherent right, but the government has the resources to impose its monopoly authority to do so. It also depends on how you define money. Societies with worthless currency often use other nations' currency for trade. The "official" East German exchange rate with West German marks was 1:1. The real exchange was sometimes 1:20 or higher. ...Loving souls, starving trolls... |
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Crypto-Tard
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