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"Destroyed" may be the wrong term, but the purpose of money is to facilitate transactions. One dollar that changes hands ten times in a year has contributed mo
by tangent128 11y ago
"Destroyed" may be the wrong term, but the purpose of money is to facilitate transactions.
One dollar that changes hands ten times in a year has contributed more to the economy, and created more effective wealth, than ten dollars that spend the whole year lying in a safe.
- danharaj 11y agoFacilitated the creation of wealth is more accurate than created wealth.