posted on Apr, 15 2011 @ 06:05 AM
reply to post by sunqueen30
really Money is an agreement between people to give value to some numbers . Money is a way of storing work and propriety (sure if government does not
steal it by creating billions over the night). So, if you want to replace the "storage" of work and propriety , you need to come up with something
else.
Barter is great, however it has its limitations - what if you want something I have, yet you do not have what I need. Let say, our neighbour has the
thing I want to have, yet I have nothing I could give to her/him. Money makes it easy for me to give to you what you want, i store the value of my
product into money then I go to my neighbour and buy what i wanted from him. I guess a way of storage for value is necessary, however it should be
something governments cannot manipulate or create from nothing. Ideally , money should expire after a certain time and be created by existing real
contribution to the society.Then, how would we ensure the skilled people will not end up having all the money after a certain time!
- i guess by
putting a certain expire date on the money.