5 ms·

Let me make my question more clear: You're assuming people have never thought about it, and I'm asking why you believe that they have never thought about it.

• scottiebarnes 4y ago
  I'm assuming because the average person is a day laborer repeating physical tasks. Their biggest concern is having enough money to survive for the month. I supposed I could be wrong and that my taxi driver is indeed well informed about the nuances of monetary policy and monetary history.
  • daenz 4y ago
    >I supposed I could be wrong and that my taxi driver is indeed well informed about the nuances of monetary policy and monetary history. Why are you strawmanning my argument? I didn't ask if you believe your average person knows "the nuances of monetary policy", I asked why you believe people haven't thought about "value" being a human construct. Everyone I've talked to about the subject acknowledges that they've thought about it before. Some go as far as to roll their eyes, like "oh great, this conversation again" because it's so played out. So I think you're seriously underestimating who hasn't heard of these ideas. Go ahead, ask your next uber driver why money has value, and see if the response isn't something along the lines of "because people believe it has value." It's not a difficult concept only understood by experts.