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Money is not imaginary. You can touch and interact with it.
by userbinator 2y ago
Money is not imaginary. You can touch and interact with it.
- gruez 2y agoThat's like saying movies aren't imaginary either because there's blu-rays. Even if we take that point at face value though, the vast majority of money is imaginary, only existing on ledgers. When the fed "prints money", it's just adjusting an entry on a database somewhere.
- billy99k 2y agoIt's paper and ink that we've given a perceived value to.
- SideQuark 2y agoThe vast majority of money is not physical, by likely 2 orders of magnitude, so you cannot touch it. It's a value in a ledger that can be moved electronically (or copied by hand). https://en.wikipedia.org/wiki/Money_supply https://en.wikipedia.org/wiki/Money_supply