Eliminate money and what is the outcome? introspec: Money is only a medium of exchange...... In general, money represents either work or goods.... Barter works on only very small scale...Eg, exchange a bushel of corn for several chickens...a day of work for limited food and shelter.... On large scale, who wants a thousand chickens (unless have Col Sanders dealership....that's a joke, son ) And on the incessant rich and poor reality: Those who have assets (eg, money), invest money into, call it industry. Industry provides jobs. Money its own self (joke) does nothing. It must be invested to have worth. And, money taken from the haves and given to the have nots, provides only transitory benefit. Then it's gone......(recall the teach a man to fish analogy... ) Think, excessive taxation....after pols pee it away, it's GONE......  XFixYourBrainX: Lets all become almash they are interdependent and don't need to rely on the rest of the world they do it all on their own  nellie77: what is the outcome if we eliminate money? Human nature tells me if we eliminate currency we will look for alternatives for trade. Humans will revert to the old ages and use goods as a form of money..  LiptonCambell: "So you think that money is the root of all evil?" "Have you ever asked what is the root of money? Money is a tool of exchange, which can't exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value. Money is not the tool of the moochers, who claim your product by tears, or of the looters, who take it from you by force. Money is made possible only by the men who produce. Is this what you consider evil? "When you accept money in payment for your effort, you do so only on the conviction that you will exchange it for the product of the effort of others. It is not the moochers or the looters who give value to money. Not an ocean of tears not all the guns in the world can transform those pieces of paper in your wallet into the bread you will need to survive tomorrow. Those pieces of paper, which should have been gold, are a token of honor--your claim upon the energy of the men who produce. Your wallet is your statement of hope that somewhere in the world around you there are men who will not default on that moral principle which is the root of money, Is this what you consider evil? "Have you ever looked for the root of production? Take a look at an electric generator and dare tell yourself that it was created by the muscular effort of unthinking brutes. Try to grow a seed of wheat without the knowledge left to you by men who had to discover it for the first time. Try to obtain your food by means of nothing but physical motions--and you'll learn that man's mind is the root of all the goods produced and of all the wealth that has ever existed on earth. "But you say that money is made by the strong at the expense of the weak? What strength do you mean? It is not the strength of guns or muscles. Wealth is the product of man's capacity to think. Then is money made by the man who invents a motor at the expense of those who did not invent it? Is money made by the intelligent at the expense of the fools? By the able at the expense of the incompetent? By the ambitious at the expense of the lazy? Money is made--before it can be looted or mooched--made by the effort of every honest man, each to the extent of his ability. An honest man is one who knows that he can't consume more than he has produced.' "But money is only a tool. It will take you wherever you wish, but it will not replace you as the driver. It will give you the means for the satisfaction of your desires, but it will not provide you with desires. Money is the scourge of the men who attempt to reverse the law of causality--the men who seek to replace the mind by seizing the products of the mind. "Or did you say it's the love of money that's the root of all evil? To love a thing is to know and love its nature. To love money is to know and love the fact that money is the creation of the best power within you, and your passkey to trade your effort for the effort of the best among men. It's the person who would sell his soul for a nickel, who is loudest in proclaiming his hatred of money--and he has good reason to hate it. The lovers of money are willing to work for it. They know they are able to deserve it. "Run for your life from any man who tells you that money is evil. That sentence is the leper's bell of an approaching looter. So long as men live together on earth and need means to deal with one another--their only substitute, if they abandon money, is the muzzle of a gun. "Until and unless you discover that money is the root of all good, you ask for your own destruction. When money ceases to be the tool by which men deal with one another, then men become the tools of men. Blood, whips and guns--or dollars. Take your choice--there is no other--and your time is running out." ~ Francisco's Money Speech, Atlas Shrugged LiptonCambell: I can't add anything else personally thats already been said- a world without money would either have bartering(which then, really, how the hell is that any different, other than being more inconvenient?), or the world goes to hell XFixYourBrainX: Have u ever heard of a utopian society its possible that this the world could turn this way if we don't fix our problems, they say every generation is different and always changing and getting smarter. Could a utopian society be in our future? Maybe but anytime soon? I don't think so.  Malobear: The native peoples used no money for thousands of years. From the Cree tribe. Only when the last tree has withered,the last fish has been caught,the last river poisoned,will you relize you cant eat money. XFixYourBrainX: Yes food is important for our survival but food prices are soaring to unimaginable hights that its never been before in history. So you would expect us as a race that loves food that we would make it more plentiful which in return drives the cost down. So how does this coincide with the loss of money?  WilliamGolding: He must mean the all-mash tribe whose diet primarily consists of potatoes. If we didn't have money you'd either have to create all your own wealth or work for food but you couldn't really save up all that much without having a large storeroom.. XFixYourBrainX: Money is only as good as the government that represents it, but if that government of a country fails what is the outcome to be? Znthnk: There's a digital currency called BitCoin that works in a P2P fashion without central control that shows much promise: en.wikipedia.org/wiki/Bitcoin Money remains a symbol, and abstraction we put our faith in for convenience. People have managed for millennia without it. Most of it isn't even paper.. just bits on a computer flowing back and forth. Comrade_: Good: Countries in debt will no longer be in 'debt' Bad: Hunger, Society collapse, panic, confusion. You have to understand how 'money' came about, in order to understand it's purpose. It is easy to barter and offer more choices example in the past a man would exchange his services for what another man might have (example wheat) the problem is that with money you can have another option than "wheat". A ->works for B... B-> pays A with wheat. but with money A -> works for B...B-> pays A with money...A-> buys wheat from C...C-> buys meat from D... You see how it's transferred? The problem is that money is now too important and with a shortage of wheat (food products) you can't buy anything even if you have the money. I think that is how things would collapse, when the balance is lost. introspec: Until 1933, dollar bills were GOLD certificates---ie, could be exchanged for equal value in gold. FDR and legislature kiboshed this. Until 1964, dollar bills were SILVER certificates--ie, redeemable in a silver dollar (real silver) Pols kiboshed this, and now dollar bills are not redeemable for anything.... Silver dollars are still minted, BUT, represent around $18.00 of our fine devalued paper money........Might as well whistle as whine... introspec: My comment on gold and silver certificates was a little more subtle... Gold and silver have perceived value, and, a LIMITED supply.... Paper (actually cloth) dollars have no intrinsic value, and, may be printed in unlimited quantities by fed govt. This they are doing..... Unlimited paper money is self devaluing (buys less and less), and inflationary. These are not synonymous terms, and both bad for economy.... Get it? Got it. Good....... (Danny Kaye) | Philosophy Chat Room 21 People Chatting Similar Conversations |
