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To truly "understand" money is not just about economics, but political philosophy. What used to be termed "political economy". At a very very high level you ca
by zero_shift 4y ago
To truly "understand" money is not just about economics, but political philosophy. What used to be termed "political economy".
At a very very high level you can think of money as a promise of labour. Having it allows society to cooperate asynchronously. But there are all manner of scenarios where promises break down.