Why does money have value?
Because people accept the symbolic value that it holds as a universal means of acquiring goods and services, you dumb fuck.
>>74148396
First toast best toast
>>74148331
It makes the barter system easier.
>>74148331
Because it is the law.
>>74148331
Because In God We Trust.
>>74148396
This is wrong
It has no value. It is a promissory note
>>74148331
governments back it
> inb4 muh gold standard
>>74148331
If you are talking about the dollar any other fiat currencies you are not talking about money, you are talking about currency.
Money is something that is both a medium of exchange and a store of value.
>>74148331
This was answered in school. It has value as long as people will trust it.
>>74148331
Why does your life have value? Oh wait, it doesn't. Kill yourself.
>>74148667
Gold is not money.
Money is a legal concept.
>>74148522
Would money have value if it weren't backed by the government?
>>74148769
>be retarded leaf faggot
>doesn't know that this is legal tender in canada
>>74148331
let me tell you something
printing money decreases value BUT
more effective is to print money hidden. now think of all the hidden cash that is somewhere in vault nobody knows about
then the owners can release it as they see fit. they can use this money for political cause for example.
to not hinder the value of money, they need to also seek to destroy money elsewhere. this is how they can keep things mode hidden, when tracks of money look like they just stopped
think about it, steal money, burn it so nobody can trace it to you, then bring in the printed money elsewhere to the market.
they are free to do whatever they want, even buy your existence out, specially in the world where money rules everything
they also need to keep the masses cheaply entertained so you dont know what is going on
>>74148331
Why do I have an insatiable desire to splooge between those tits?
Why do I NEED to impregnate her?
Don't ask stupid questions.
>>74148396
this.
>>74148490
a.fucking.leaf.
>>74149091
Stop anon, I can only get so hard
>>74149091
Thats what EU bank does im pretty sure.
>>74148331
Because Money^2=Titties. It's simple math.
>>74148769
>Gold is not money.
>Money is a legal concept.
You are one hundred percent wrong. You could not possibly be more wrong (and probably dumb as well_)
Money has a definition (medium of exchange and store of value which fulfills certain qualifications like portable, durable etc) regardless of any legal decree, gold is money. Proof? countries and laws crash and burn into dust, but the money, the real money, remains, gold.
A 'legal concept' is "legal tender" currencies, and that means paper money, or pretend money, decreed to be 'legal tender' at gunpoint by government.
Anyway, keep being dumb. I will post an image of real money.
>>74148667
Those words are interchangeable and all value is theoretical.
>>74149002
>Would money have value if it weren't backed by the government?
Real money? Of course. (Gold_)
Paper money? Um isn't the question obvious on its face?
>>74148331
Until recently:
Scarcity, money was mostly based on rare metals (= you can exchange X amount of money against X amount of gold/silver/platinum/etc at any instant) who don't corrode/desintegrate and because the planetary stock is stable and grows slowly
So money had value because people trusted the structure who fabricates it (the state in most of the case, Euro is special) to back it with gold.
Now:
Only trust and because the State is powerful enough to prevent the developpement of other currencies use on its territory.
>>74148490
Promising what exactly?
>>74149741
>Paper money? Um isn't the question obvious on its face?
Bitcoin has value. Not sure what your argument is.
>>74149640
Gold isn't money.
Gold is a commodity like all others that varies in price according to supply, demand and whatever laws are in place in regards to monetizing it.
Money is a legal concept which, when controlled by the government is perfectly stable.
All of your "fiat money failures" like the German hyperinflation took place when private banks or other private interests were controlling the money supply like right now.
Gold is a meme that distracts people from the real issue: the privatization of monetary power.
