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LBRY Claims • money-hides-wealth-analogy-of-the-monkey

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4 Oct 2020 21:28:59 UTC
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Money Hides Wealth - Analogy of the Monkey Lord
Many economists praise money for being a great medium of exchange. They would argue that money is a vital part of our capitalist world as it allows for trade to be carried out efficiently and effortlessly. Instead of me having to give you three loaves of bread for a bunch of bananas (as seen in a barter economy), I can instead give you a couple of lightweight coins or pieces of paper. I can see this as an advantage, however, I think the real reason for using money, or at least, one of the main reasons capitalists do not want to get rid of money, is that it is a great way to horde wealth in secret without the little people getting angry with you.

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English
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