3 ms·

> Money is a complete fiction now It always has been: http://www.arnoldkling.com/blog/steven-pinker-on-money-as-a-consensual-hallucination/ http://www.arnoldk

• me_me_me 6y ago
  Yes and no. But today all the advance financial tools are making money into a clay, and people wielding those tools can shape it however they like. Reading about relation of USD to european currencies back in post war (pre- and post- Bretton Woods system) was eye opening to me. But without those 'tools' money, while still fairly virtual were more concrete. Coins were made of valuable metal, you could take it and melted it down.