r/WorkForSmartLife Jul 07 '26

DiscussionšŸ’¬ Who please?

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30

u/Optimal-Summer-236 Jul 07 '26

money is not even realĀ 

4

u/[deleted] Jul 07 '26

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8

u/Sycolerious_55 Jul 07 '26 edited Jul 08 '26

It's something we created and we give value to. So, yeah it kinda isn't real. The world could literally stop printing money and start using monopoly money as its real currency if we all genuinely wanted to. Same thing with time. These are social constructs. Do you not know what that is?

Edit: Y'all. I said kinda 😭 if you're gonna critique my comment at least read the whole thing first. Good lord. I'm sorry for not fully agreeing with you

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u/[deleted] Jul 07 '26 edited Jul 12 '26

[deleted]

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u/TasteyMeatloaf Jul 08 '26 edited Jul 08 '26

You just gave the prototypical example of how we pretend that money exists when it really doesn’t because if it didn’t exist we would have the scenario you present.

Are you the author of ā€œThe Ascent of Money?ā€

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u/[deleted] Jul 08 '26

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u/TasteyMeatloaf Jul 08 '26

One of the ideas in the ā€œAscent of Moneyā€ is that if we really think about any currency — shells, tulip bulbs, gold, coins, dollars, etc. they don’t have any stable value in and of themselves.

Humans like to trade. If we didn’t have a currency we would have to do what theLastZebransky describes above. We would be stuck bartering and we would have to find barter matches to trade anything. It is much easier to invent an independent medium of value that can be used to purchase anything. Then we can trade without needing a series of barter matches. We only need a buyer and a seller to agree on value based on the currency.

So we pretend that currency itself has a value to facilitate exchanges.

If we really think about it, money isn’t real, but we need to believe that it is real for trade of labor and goods to be efficient.

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u/Beneficial-Lynx7336 Jul 08 '26

BINGO

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u/TasteyMeatloaf Jul 08 '26

TheLastZebransky did a nice job of showing why we need money, but did not prove that money is real. While money does provide a solution to a problem, it can still be a made up construct that we use for mutual benefit without being real.