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Does money come from power?

User MadH
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1 Answer

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16 votes

It is by design since the purpose of money was to make power portable (as a store of value). But all it is is purchasing power. Money can be used to purchase products and services, but it cannot be used directly in any other manner. Banks don't always get their way for this reason. They can offer to buy the gun if someone else has a gun, but they are more likely to merely have their money taken from them, or if that is not feasible, to be threatened with death or destruction if they don't give the money over. Therefore, power doesn't just come from money. If the person in charge of these resources permits it, having control over feelings, physical strength, and other types of power that money cannot purchase is feasible. The most crucial concept to comprehend about money is that value can only exist between two parties. Money instantly returns to its intrinsic worth, which in contemporary culture is almost nothing, if the whole population decides to cease exchanging it. This explains why inflation is so risky. Governments must take care not to rob money of its value by producing an excessive amount of it since it is the most prevalent reason for individuals to decide to stop dealing in money.

User Chhantyal
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