My economics teacher told us that money is a unit of energy that stores value. This isn't even true. I asked him to define value and he said pretty clothes, vacation home, anything that matters to you. I told him that nothing really matters to me; he replied that nothing really matters (this is the entire point). I agreed.
What is money?
Hudson Hall
Caleb Sanchez
Some things, like gold, have enough unique and useful physical properties and are resistant enough to corrosion that they will arguably never lose their value short of a nuclear holocaust.
Christian Hughes
This. Your labor in the US has worth when brought to and exchanged for local currency in other nations.
In contrast, work in Zimbabwe isn't worth a single shit.
Jacob Fisher
Nathaniel Jenkins
>leaf
If nothing matters to you then money has no value to you and thus the system still works.
Aiden Morris
...
Samuel Sanders
It's easier to agree a piece of gold is worth something than to cart around a fuckload of shit and barter for everything.
Ian Howard
Means of exchange and store of wealth.
Kevin Sanders
Your teacher was correct and you're a contrarian faggot. Value is derived by wants/needs. No matter what, you need something. Even if it's just food, so your need creates value. Wealth is a function of the value we place on things. Whether you like it or not, we all need things simply in order to live.
Josiah James
Money is a representation of the value of your work * the amount of time you work.
God gives you time, you sell your time to an employer.