4 ms·
You are mistakenly believing that money exists like wool or oil or lumber or stone. It doesn't. Money is imaginary. It is simply an IOU to be exchanged for labo
by judk 12y ago
You are mistakenly believing that money exists like wool or oil or lumber or stone. It doesn't. Money is imaginary. It is simply an IOU to be exchanged for labor or services. It is subject to inflation if a society amasses too much, unlike durable goods which can be stockpiled until you have enough.