Thursday, August 19, 2010

Why Is Money Regarded As Just A Unit Of Necessity?

Imagine money at the center of a subjective model - the divine economy model!

Money as property protected as a right by law; flowing in the market; bringing order to what seemed chaotic; giving people the power to easily act on their subjective choices; and also transforming into a capital structure that is congruent with time preferences.

Question: Why is money regarded as just a unit of necessity?

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