Friday, December 10, 2010
MONEY-BEEN TRYING TO FIGURE IT OUT FOR A LONG TIME
I have been trying to figure out what money is for a long time, everything from the Federal Reserve and it's relationship with the Treasury to, Gold, Stocks, Bonds, barter, credit etc..
Still can't figure it out..
Some times I think about the relationship of MONEY to VALUE, to me value can be a nation, a river, an army, a social organization(corporation, gang,political party etc), an institution such as college, or a trained person like a doctor or carpenter.
I some times think of MONEY as having claims on VALUE and I suspect right now a problem in the world system is to easily created MONEY bringing to many claims on not enough real VALUE.