I asked ChatGPT to explain why money has time value without referring to making other money (circular). I think this is a good description which represents my

I asked ChatGPT to explain why money has time value without referring to making other money (circular). I think this is a good description which represents my view. Notice that these are true regardless of the existence of central banking: Opportunity Costs of Waiting: Money available now can be used to address immediate needs or desires—buying goods, accessing services, or achieving goals. If that money is delayed, those opportunities may be lost, diminished, or deferred, reducing its practical utility. Uncertainty Over Time: The future is uncertain, and there is a risk that the purchasing power or usefulness of money might change due to factors like inflation, changes in circumstances, or unforeseen events. Money available now provides a guarantee of utility that might not exist in the future. Personal Preference for Timing: People often value immediate access to money because it aligns with their current priorities. For example, having money now could allow someone to travel, invest in education, or address urgent health needs—opportunities that may not hold the same relevance or availability later.