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Another Definition of What Money Actually Is
No money system is the actual physical economy; the money system is to the actual physical economy as a road map is to the roads.
This economic system is now failing due to faulty design. That does not equate to the physical economy failing.
If you threw a road map into a burning fireplace, would you look out the window and expect the roads and surrounding geography to suddenly burst into flame?
A money system is actually an imaginative institution to help humans rationalize the distribution and ownership of the results of their labors.
Money is a special branch of language where by means of symbols and contracts real things are exchanged by proxy.
Any act of lying with money is an act of counterfeiting. The use of precious and semi-precious metals in money systems is an anti-counterfeiting (lie stopping) technique.
Levi Philos
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