Comment by BurningFrog
Comment by BurningFrog a day ago
> money is a relative resource
I think this is the better way to think of money and wealth:
Money is the unit of measure for wealth. It's not in itself wealth.
Comment by BurningFrog a day ago
> money is a relative resource
I think this is the better way to think of money and wealth:
Money is the unit of measure for wealth. It's not in itself wealth.
Yeah, it's not the same as physics units.
Money does have real value, but only because it can be traded for valuable things.
But money in itself, as bills or numbers in a bank account, is useless until you trade it for something "real".
That doesn't quite make sense to me. A meter is a unit of measure for distance, but a meter is a distance.