this post was submitted on 12 Jan 2024
1233 points (96.0% liked)
Memes
45759 readers
1104 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Money is fake. It doesn't exist. Your labor has value. You can use your labor to make other people's lives easier. They can use their labor to make your life easier. Like building stuff? Cool. I'll make your wardrobe if you build my house. No banks or real estate agents necessary.
A reasonably stable currency is incredibly useful as an abstraction for value. Do you farm potatoes? Do you need a difficult medical procedure? I guarantee you, the surgeon, support staff, and the hospital are not much interested in being paid in a sufficient amount of potatoes.