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What do you think? Give us your opinion. Anonymous comments allowed.
User avatar #157 - Blitzken (12/26/2012) [-]
I have a question for you FJ, I want to know your opinion on money, or currency, everybody seems to know it is "important" well we are told this from a young age. I want to know if anyone understands WHY. We as humans sell our lives away for money. These little pieces of cloth that hold no more significance than that in which we give them. What bothers me more is the fact that these pieces of cloth are all the same, what makes a piece of cloth with the number 50 on it more valuable that the same piece of cloth that has the number 5 on it. I just want people to reply and tell me their thoughts on this. I am sorry for this not being relevant to the post or funny.
User avatar #173 to #157 - ludislavonac (12/26/2012) [-]
It's simple really, money is the universal instrument of exchange. If you have money you can exchange it for other goods and services, the more of it you have the more goods and services you can get. Now we come to a biological/psychological part. I believe it's something in our very nature that gives us that urge to have more and more, hence our need to earn more moneyz.
User avatar #196 to #173 - xzynth (12/26/2012) [-]
I believe we have greed because it was an important instenct for gathering food for periods you would not be able to get it.

Or so I believe
#167 to #157 - bbdabrick (12/26/2012) [-]
somebody just watched fight club...
#181 to #167 - makethingsworse (12/26/2012) [-]
Watched what?
#178 to #167 - adamska (12/26/2012) [-]
I like the nintendo version too.
#197 to #178 - bbdabrick (12/26/2012) [-]
Ive been looking for that! thank you kind sir and/or Madam
User avatar #172 to #167 - wizlock (12/26/2012) [-]
Watched what? Do you know that you have just broken first two rules?
#164 to #157 - anonymous (12/26/2012) [-]
Money is an artificial value; of course it is not the material that makes the value, it's simply the fact, that everybody accepted to treat money as if it was worth anything. In the early days of banknotes, they had written on them, that you could swap them anytime to a certain amount of gold.
#162 to #157 - jakeattack (12/26/2012) [-]
well there. money, money is a powerful thing. its more an idea than anything. the idea of a possibility. bartering used to be the standard, it used to be like this. "oh hey il give you 2 cows for 3 sheep deal? okay! thank you come again" trading between people. but not everybody wants sheep or not everyone is willing to accept a cow. things like that arise that trading is difficult when maybe i have a surplus of cows, and i want a horse. but the guy with horses wants clothes and so forth. trading only works for simple things like baseball cards and stuff like that. so realy money was just a way to give some kind of universal trade, giving the guy 20 gold coins for a horse, now he can do whatever with that. money is more an idea realy like i said. its the idea of giving him something of value, without actually giving that specific item. back then they used gold coins to signify that. now we need other forms since gold is expensive and coins are hard to have in quantity. yeah if you read the first page of the hitchhikers guide to the galaxy, Douglas Adams says the same thing you do, how humans are fascinated with the circulation of little green pieces of paper. the thing is, its not the paper, its the idea. the paper just represents the money, currency can be digital now even. but having a piece of paper that is especially marked, signifies this idea of currency. its a way to prove that i really gave you this 'idea'. i give him the idea of value, he takes that and gives the value to another person in exchange for what he wants. its the idea is what it is, the idea of value is simply put into physical form. the paper isn't valuable at all, but the idea is.
User avatar #161 to #157 - mrtwilightsparkle (12/26/2012) [-]
Well, not to be rude, but paying attention in school would be a remedy for your curiosity. Bills gain value through the gold that is used to back their worth, hence Ft. Knox. Now, that brings rise to the question "Why is gold valuable?" That is because humans are naturally desirous of certain things, and gold is both rare and pleasing to the eye. Simple as that.
User avatar #165 to #161 - texassharpshooter ONLINE (12/26/2012) [-]
money isn't backed up by anything, it was like this a long time ago. Why do you think that there is inflation? If money was backed up by gold things would have become cheaper in the financial crisis, because gold became more expensive.
User avatar #171 to #165 - mrtwilightsparkle (12/26/2012) [-]
Actually, money is backed by gold. In today's society, money is valued by how much it is worth to other nations, in a way. Look at Post-War Germany. Franks were virtually worthless because not only had Germany spent all its money on manufacturing, but it also lost a great deal of its wealth to other nations after they lost. Now I must ask, how far back do you mean by "A long time ago?" Because until recently, money was backed by its own value, for example, ancient Roman coinage was actually made from gold and silver, not a cheaper metal.
User avatar #198 to #171 - texassharpshooter ONLINE (12/26/2012) [-]
ok, "a long time" is maybe a little too extreme, actually this happened in the last century, but money especially money bills are still not backed up by gold; they were because there stood that you could get the banknotes value in gold, the same amount of gold as you would have gotten a year before or a year later. Now you can't get the same amount of gold as you would have gotten a week before. Also backed up would mean that the bank can only print as much money as much gold they have, but if we all tried to trade our money to gold, even the gold in Fort Knox would run out.
User avatar #160 to #157 - ooooooooooo (12/26/2012) [-]
I see your point, however it's the best alternative to trading goods and possessions.
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