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Can anyone tell me what money really is?

 
Anonymous Coward
User ID: 33719584
United States
02/13/2013 06:57 AM
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Can anyone tell me what money really is?
I mean... is Ron Paul right? Should we all be using gold? Or should we try the bitcoin thing to me, which to be honest, feels insane.
Anonymous Coward
User ID: 5146667
United States
02/13/2013 07:01 AM
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Re: Can anyone tell me what money really is?
full FAITH and credit of the United States... think about that statement for a moment. Money is what you believe it is... the dictionary defines it as a medium for exchange.. but in reality, the constitution called for gold and silver to be the only money for a REASON.. they understood central banks and how they can control a people.. now our money is backed by faith.. speaking of which, how much faith do you have in your leaders and gov't?
BRIEF
Rebel with morals

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02/13/2013 07:03 AM

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Re: Can anyone tell me what money really is?
It's better than trading bluejeans and canned goods...
With freedom comes responsibility.

Heterosexual pride!

Briefcut4892
Robschild
User ID: 27760252
United States
02/13/2013 07:10 AM
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Re: Can anyone tell me what money really is?
Open up a Monopoly game board.
Anonymous Coward
User ID: 26268975
Slovakia
02/13/2013 07:16 AM
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Re: Can anyone tell me what money really is?
Ponzi scheme
Anonymous Coward
User ID: 34315161
United Kingdom
02/13/2013 07:18 AM
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Re: Can anyone tell me what money really is?
money is an I.O.U. it promises to pay the bearer on demand the sum of xx sterling silver.
Anonymous Coward
User ID: 34280841
United States
02/13/2013 07:20 AM
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Re: Can anyone tell me what money really is?
money is stored man hours

nine dollars = one hour minimun wage

one trillion dollars = one hour banker wage
Anonymous Coward
User ID: 26268975
Slovakia
02/13/2013 07:21 AM
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Re: Can anyone tell me what money really is?
money is an I.O.U. it promises to pay the bearer on demand the sum of xx sterling silver.
 Quoting: Anonymous Coward 34315161


There will never be enough of any metal to pay the paper debt back, not to speak of the digital one. Fiction pure.
Anonymous Coward
User ID: 14776990
United States
02/13/2013 07:25 AM
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Re: Can anyone tell me what money really is?
Control
Anonymous Coward
User ID: 33661162
United States
02/13/2013 07:27 AM
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Re: Can anyone tell me what money really is?
Best explanation I have ever found

We might think of dollars as being “certificates of performance.” The better I serve my fellow man, and the higher the value he places on that service, the more certificates of performance he gives me. The more certificates I earn, the greater my claim on the goods my fellow man produces. That’s the morality of the market. In order for one to have a claim on what his fellow man produces, he must first serve him. Contrast that moral standard to Congress’ standing offer, “Vote for me and I’ll take what your fellow man produces and give it to you.” — Walter Williams
Anonymous Coward
User ID: 34312153
United Kingdom
02/13/2013 07:31 AM
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Re: Can anyone tell me what money really is?
money is an I.O.U. it promises to pay the bearer on demand the sum of xx sterling silver.
 Quoting: Anonymous Coward 34315161


There will never be enough of any metal to pay the paper debt back
 Quoting: Anonymous Coward 26268975


rubbish, it just depends on the price of the metal.
Balloons

User ID: 33864271
Denmark
02/13/2013 07:34 AM
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Re: Can anyone tell me what money really is?
Best explanation I have ever found

We might think of dollars as being “certificates of performance.” The better I serve my fellow man, and the higher the value he places on that service, the more certificates of performance he gives me. The more certificates I earn, the greater my claim on the goods my fellow man produces. That’s the morality of the market. In order for one to have a claim on what his fellow man produces, he must first serve him. Contrast that moral standard to Congress’ standing offer, “Vote for me and I’ll take what your fellow man produces and give it to you.” — Walter Williams
 Quoting: Anonymous Coward 33661162


You can then look at what dictates what people value most.
There is a foundation of basic needs, the rest is fictional
Put a lion in a cage for years without food and watch what happens.
Its appetite will of cause grow and grow, and then you point your finger at its hunger?
Brad Daylight

User ID: 1779676
United States
02/13/2013 07:35 AM
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Re: Can anyone tell me what money really is?
money is stored man hours

nine dollars = one hour minimun wage

one trillion dollars = one hour banker wage
 Quoting: Anonymous Coward 34280841


lol !!
"I have felt despair many times in my life, but I do not keep a chair for it."
~Dr. Clarissa Pinkola Estes

Today is a gift, that is why it is called "The Present"

“When an opponent declares, “I will not come over to your side,” I calmly say, “Your child belongs to us already… What are you? You will pass on. Your descendants, however, now stand in the new camp. In a short time they will know nothing else but this new community.”
- Adolph Hitler

Have a nice day, may God bless you :D
Anonymous Coward
User ID: 26268975
Slovakia
02/13/2013 07:38 AM
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Re: Can anyone tell me what money really is?
money is an I.O.U. it promises to pay the bearer on demand the sum of xx sterling silver.
 Quoting: Anonymous Coward 34315161


There will never be enough of any metal to pay the paper debt back
 Quoting: Anonymous Coward 26268975


rubbish, it just depends on the price of the metal.
 Quoting: Anonymous Coward 34312153


Priced in paper money, e.g. stocks. Wake up.
Keep2theCode

User ID: 20545539
United States
02/13/2013 07:43 AM
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Re: Can anyone tell me what money really is?
Some good definitions above about what money should be, and a few others on what it is.

But as we know, there is nothing of value that the control freaks of the world can't corrupt and ruin. Money is the best way to control the world, so it's the favorite tool of TPTB.
Have I now become your enemy by telling you the truth? (Gal. 4:16)
Anonymous Coward
User ID: 31305369
United States
02/13/2013 07:47 AM
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Re: Can anyone tell me what money really is?
I mean... is Ron Paul right? Should we all be using gold? Or should we try the bitcoin thing to me, which to be honest, feels insane.
 Quoting: Anonymous Coward 33719584


Nothing but a paper share, currently diluted to the pont of worthless shit paper.
Anonymous Coward
User ID: 26985611
Sweden
02/13/2013 07:47 AM
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Re: Can anyone tell me what money really is?
Toalette paper?
Anonymous Coward
User ID: 21057428
United States
02/13/2013 07:49 AM
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Re: Can anyone tell me what money really is?
It's a piece of paper that everyone agrees is worth a certain amount of goods and or services.

It looses it's value when everyone doesn't agree anymore.

That's all it really is.
Anonymous Coward
User ID: 2127380
Netherlands
02/13/2013 07:49 AM
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Re: Can anyone tell me what money really is?


Essential viewing on money and the banking system. Money As Debt is a fast-paced and highly entertaining animated feature by artist & videographer, Paul Grignon. It explains today's magically perverse DEBT-MONEY SYSTEM in terms that are easy to understand.
Anonymous Coward
User ID: 31305369
United States
02/13/2013 07:49 AM
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Re: Can anyone tell me what money really is?
money is an I.O.U. it promises to pay the bearer on demand the sum of xx sterling silver.
 Quoting: Anonymous Coward 34315161


There will never be enough of any metal to pay the paper debt back
 Quoting: Anonymous Coward 26268975


rubbish, it just depends on the price of the metal.
 Quoting: Anonymous Coward 34312153


money is an I.O.U. it promises to pay the bearer on demand the sum of xx sterling silver.
 Quoting: Anonymous Coward 34315161


There will never be enough of any metal to pay the paper debt back
 Quoting: Anonymous Coward 26268975


rubbish, it just depends on the price of the metal.
 Quoting: Anonymous Coward 34312153


No, not metals, OIL.
Anonymous Coward
User ID: 26268975
Slovakia
02/13/2013 07:50 AM
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Re: Can anyone tell me what money really is?
I mean... is Ron Paul right? Should we all be using gold? Or should we try the bitcoin thing to me, which to be honest, feels insane.
 Quoting: Anonymous Coward 33719584


Nothing but a paper share, currently diluted to the pont of worthless shit paper.
 Quoting: Anonymous Coward 31305369


THIS.
Anonymous Coward
User ID: 21057428
United States
02/13/2013 07:52 AM
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Re: Can anyone tell me what money really is?
.
Anonymous Coward
User ID: 26268975
Slovakia
02/13/2013 07:52 AM
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Re: Can anyone tell me what money really is?
It's a piece of paper that everyone agrees is worth a certain amount of goods and or services.

It looses it's value when everyone doesn't agree anymore.

That's all it really is.
 Quoting: Lisa*Lisa


Yup. Destruction of a currency. Printed bailouts do the magic.
Anonymous Coward
User ID: 26268975
Slovakia
02/13/2013 07:54 AM
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Re: Can anyone tell me what money really is?
The poor keep getting poorer and the rich keep getting richer.

That does not surprise me.

What does surprise me is that actual american citizens don't even want the poor to earn a fair amount of money for their work. That's amazing.
 Quoting: Lisa*Lisa


The problem is who pays? There is no free lunch possible, in society based on money.
Anonymous Coward
User ID: 21057428
United States
02/13/2013 07:54 AM
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Re: Can anyone tell me what money really is?
The poor keep getting poorer and the rich keep getting richer.

That does not surprise me.

What does surprise me is that actual american citizens don't even want the poor to earn a fair amount of money for their work. That's amazing.
 Quoting: Lisa*Lisa


The problem is who pays? There is no free lunch possible, in society based on money.
 Quoting: Anonymous Coward 26268975


LOL....that post was meant for another thread, I accidentally posted it here.
Quetzal785

User ID: 27934715
United States
02/13/2013 07:55 AM
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Re: Can anyone tell me what money really is?
the root of all evil.
Quetzal785
Goofy for God
Do everything with love

User ID: 16845676
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02/13/2013 07:57 AM

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Re: Can anyone tell me what money really is?
1 Timothy 6:10
For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.
Proverbs 15:1
A soft answer turns away wrath, But a harsh word stirs up anger.
Anonymous Coward
User ID: 26268975
Slovakia
02/13/2013 07:58 AM
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Re: Can anyone tell me what money really is?
The poor keep getting poorer and the rich keep getting richer.

That does not surprise me.

What does surprise me is that actual american citizens don't even want the poor to earn a fair amount of money for their work. That's amazing.
 Quoting: Lisa*Lisa


The problem is who pays? There is no free lunch possible, in society based on money.
 Quoting: Anonymous Coward 26268975


LOL....that post was meant for another thread, I accidentally posted it here.
 Quoting: Lisa*Lisa


Yet got to the point here as well. hf
Anonymous
User ID: 33574584
United States
02/13/2013 07:59 AM
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Re: Can anyone tell me what money really is?
Every business deal or even every business itself is based on "an agreement" between two or more parties. Money is only a symbol of the balanced (or attempted balance) at an exchange of goods and/or services. The problem is with the forced agreement between the government and the American people where the money itself is issued as taxable debt and we are force to agree to be a party in business deals etc. without our knowledge or consent. (eg. black ops etc.).
Anonymous Coward
User ID: 682255
United States
02/13/2013 07:59 AM
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Re: Can anyone tell me what money really is?
Find and read all the Milton Friedman you can get your hands on. This is all you need to know.

[link to youtu.be]
Anonymous Coward
User ID: 25423559
Canada
02/13/2013 08:00 AM
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Re: Can anyone tell me what money really is?
Money = Debt (owed to the fed)



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