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There’s no inherent reason that a piece of paper has a certain amount of value. There is one actually: the cost of Labor and the perceived value of the service
by rokhayakebe 13y ago
There’s no inherent reason that a piece of paper has a certain amount of value.
There is one actually: the cost of Labor and the perceived value of the services or goods that labor produced/produces/will produce. The value of money does not just appear, it is backed by everything everyone in a nation produces and consumes.