Money
Money's gone downhill - Money Discussion

Newest Review: ... all reap big monetary rewards but also cause a lot of harm to our society. Money is a funny thing and even lthough our society has come... more

Money's gone downhill
Money

jboho

Member Name: jboho

Product:

Money

Date: 20/05/09

Rating:

Advantages: Genius idea

Disadvantages: Terrible implications

We rarely stop and evaluate the attributes of money, but at some point, we should ask ourselves why we spend our who time devoted to getting the stuff. The main reasons are obvious- why use them to buy goods in order to live, but after analysis, money is technically worthless, allow me to explain.

I believe it was Richard Feynman who said: "There are two kinds of job in this world: one involves taking things out of the earth, the other involves telling other people to take things out of the earth. One is badly paid and unpleasant, the other is well paid and very pleasant."

He had a very good point- this does devalue money slightly, as it is arguable that it rewards the wrong people, but that's not why it's worthless.

Money was anciently designed to make everybody's skills worth something. In the days where trading good for other goods, some bright spark came up with the idea that he could create a new 'good', something which would be universal. He came up with money, a very cheap thing to obtain, which represented a chance to but other goods. Although it could not be used itself, it was accepted that it would be set at certain costs for different goods. The idea itself is utter genius, but its future implications are terrible.

Nowadays, money is king. Money is now power, rather than a simple go-between. Especially today, where we suddenly realised that we've been using imaginary money to use the banks (a new-fangled idea- you can store money in these), now we've fallen through our fake grounds of cash.

Summary: I wouldn't recommend money.