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The Nothingness of Money

• OldHand2018 5y ago
  Hmm, this is interesting but I come away with the feeling that there is just too much of a flaw here. I think the main issue is that there is no scale on the Y-axis. And ultimately the goal would be to minimize the area below the curve, right? So there has to be some scale on the Y-axis. You could front-load the worry or you could spread it out over time. Either way is probably fine if the total area is the same.
• nickthemagicman 5y ago
  The problem with this logic is that even before money you had to survive and youre under the spell of 'some' activity to survive. Money just abstracts hunting all day...to sitting in an office all day doing mental or creative work. The real problem imo is that money allows the rich to accumulate the wealth to a massive extent while the poor have 60 to 80 hours a week.
• alpineidyll3 5y ago
  Geoffrey Ingham's the nature of money calls money: "frozen desire" It also explores several different philosophical notions of what money is. Desire is certainly not the essence of happiness, but it is an emotion humans almost cannot avoid.
• j7ake 5y ago
  This argument of descent towards zero is too focused on the individual. In reality many people in the world pursue money to feed their family and children, as well as provide a wealth foundation that can last generations. If you were to pass away and you had young children or a partner with no income, the value of money would not descend to zero. In fact, the graph can increase in some cases (eg hospital bills, funeral costs, providing for widow and children). I find this individual centered thinking more prevalent in certain western cultures.