There's a lot here so I'll be brief. Money is a commodity just like every other thing that people want. People choose this commodity for particular reasons, and it naturally becomes the medium of exchange. For most of world history, this was gold or silver. When people have a demand for money, the "price" or efficiency of money goes up while the price of goods goes down and vice versa. Amounts of money don't matter.
— Jan 26, 2025 07:19PM
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