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That quip also acts as a healthy reminder that money is a tool, not an end. At the end of the day what matters is building a world that works and enables us to
by didericis 4y ago
That quip also acts as a healthy reminder that money is a tool, not an end. At the end of the day what matters is building a world that works and enables us to live meaningful lives. Money in a world where things don’t work and don’t enable us to use our time in meaningful ways means nothing.
- robertlagrant 4y agoAbsolutely - it's just an abstraction layer over the idea of exchange. If there's nothing to exchange, there's no need for money!
- dxbydt 4y agoI had to take 1 semester of Accountancy. The problem sets were like - "Acme Corp had revenue of 23,000,000$, profit of 2,000,000$, cost of materials 5,000,000,$ cost of labor 12,000,000$, cost of inventory...." Ultimately the problem boiled down to plain arithmetic. Just addition, subtraction. Hard problems involved multiplication. After like the tenth problem I lost my patience & raised my hand - why don't you just do these problems with small numbers ? Like 23-(5+12+4) = 2 ? Why are you making us do 23,000,000 - (5,000,000 + 12,000,000 + 4,000,000) = 2,000,000 ? The Professor said - Accountancy is arithmetic. With Big numbers. That's money for you.