Thursday, August 19, 2010

Why Is Money Regarded Merely As A Unit?

Imagine money at the center of a subjective model (the divine economy model - for example)!

Now: regard money as property protected as a contractual property right by law; flowing in the market and bringing order to what seemed chaotic; giving people the power to easily act on their subjective choices; and also becoming transformed in a variety of ways into a capital structure that is congruent with time preferences.

This begs the question: Why is money regarded merely as a unit when there are so many hidden qualities? Those who have such a diminished view may tolerate the destruction of money by the State but through education this lack of thoughtfulness will vanish.

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