Forums → WEPR → Money- Creation or downfall?

But, just so that the working class wouldn't save up enough to get enough resources, they made taxes, to control us.

Well money as in gold coins an such that always used to be used until lately had value just like any item or service, when paper money started being used it was required to be backed up in $1 worth of gold for every dollar but as time went on, it was backed less and less until now I'm not even sure it's backed at all with gold, just reputation, so all it really is is a piece of paper that really isn't worth anything, and at any time could have tons of copies printed. The main problem I see is that gold keeps on costing more, gold should ALWAYS stay the same price because the dollar is supposed to be equal to the same certain amount of gold which shouldn't be changing, and if the price of gold does go up the amount of bills being printed should be slowed down, if the price of gold goes down the amount of bills being printed should go up... That's how I think of it, but Money is great in most ways, bartering would be extremely hard to do here. Lol you would have to trade your soal for your first car, maybe your wife and kids for a house...

they both fall lol

id rather trade my psp for a wii than trade a few thousand for a wii,so i think it is kinda dumb,with money,you've got a subject called econ,stupid right?

Money was invented to accurately measure value. You may think it is an imperfect system, but I see no better alternatives.

Im not saying its a bad system, and no system is perfect. But the thing is, we have corrupted its purpose, and it is not always used to equilly redistrubute goods and resources. Richer people are not always taxed as much. Goverment employee's, who are rich,( This isn't always the case, Im jsut saying for certain people and not specificalyl in any nation.)

Do not pay taxes. Same as certain CEO's, and other rich people, including celeberities, and so on. Also when celeberities get in jail, nto always but many times, do nto get as long sentences and do not pay the total amount in fines and so on. So really money is not a fair system. But its not a bad system either.

However, in my OPINION It is a much more fairer and equil system then money, so Barter vs Money, Barter wins for being mroe fiar. However we have the had the money system for so long, it we couldnt just rapidly change back.
Deosnt mean we cant change at all though. Jsut a thought.

we have corrupted its purpose,

it is not always used to equilly redistrubute goods and resources.

Richer people are not always taxed as much.

So really money is not a fair system. But its not a bad system either.

This is a pretty useless thread -- Money just measures accurate value. Taxing people with money versus grain is no different. If we were all landowning agricultural farmers and others were peasants that picked up our harvest then the peasants and we would all pay grain together, us being taxed by the government in grain instead of money.

Yes but who said there has to be taxes in the first place?
If our goverment, is supposed to keep order by being a middleman or someone who controls the affairs of state, besides of what they actually require to rule a huge population, why would they need taxes at all? if we were taxed on grain, wouldnt it be more of a system of reprising our stocks in times of famine?

I see the point of money, but, Really this isnt a argumentive thread. Its more of what you think of the very purpose of money, whether it's purpose, the very idea it had its brith from, is now flawed, or it still is the greatest economical invention we have so far seen? In my eyes, the Barter system works well, But that is only my opinion. You may differ on your veiws, and I respect that however, Explain your reasoning, because Money isn't always the exact measurement of value, considering for example, diffrent currencies, which are comrpised more to do with political national doings then with global economics, but say I gave you, 20 USA dollars for 3 watermelons. (jsut a example, not using real prices.)

But then you go to another nation, with a considerably lower currency, and 1 US dollar could buy you 10 watermelons.

Now the reason currencies do drop, is because of many factors. There could be too many prints for that one currency, which is often the case in Africa, where they overprinted their money and now it is far less value. And there is sometimes sanctions involved, and ect. But the thing is, Barter, is a system, in which that cannot change, if you give a A car, and in return, you get 4 machine guns, that fact wont change anywhere, unless demand for it is really high in certain parts, where cars/machine guns are rare, perhaps it could fetch a higher price. But even then, it would still be fair, because often whatever your trading to match the rare items price, often is something you have accsess of, and not neccassarily a huge loss if you give much of it away. Money is like that as wlel, but it represents problems, such as the fact, in bare survival terms for the least, you cant use it as any tool or provision. But with barter, ussualyl whatever you get, is a item you can use, or make into something, so in truth, Barter has many points for it to be useful. But, Barter does have problems, and I realize that. So... I have a idea then


If we were to revert back, if onyl somewaht, Perhaps, We use both systems, cut money's control in half, and replace that half with barter, so you could go either way with people.

That way, everyone is happy, and you could trade vice versa.

Not gonna say something huge but just this...

But, who invented this system? but then I came to a conclusion. It was the rich people. People who managed to hoard much resources from the rest of us people. And they didnt want to give away items for payment for services, so they made this money.

Explain your reasoning, because Money isn't always the exact measurement of value, considering for example, diffrent currencies, which are comrpised more to do with political national doings then with global economics, but say I gave you, 20 USA dollars for 3 watermelons. (jsut a example, not using real prices.)

No matter how much it can be a downfall, money progresses the human race. Many people explored the Americas in search of money. The USA got the Louisiana Purchase in exchange for money. Bill Gate's company, Microsoft, revolutionized the technological world.

But, who invented this system? but then I came to a conclusion. It was the rich people.

Before money, objects such as rice was used as currency. Money replacesd objects such as rice because those objects held different values to different people.

That conspiracy is just stupid.

**** YOUR FOOD