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Here's why I consider it a fiction:
1. No inherent value: Money itself has no intrinsic value. It's just a piece of paper, a metal coin, or a digital entry in a computer system. Its value is entirely derived from our collective agreement and belief in its worth.
2. Social construct: Money is a social construct, meaning its value and existence depend on our shared understanding and acceptance. Just like a language or a legal system, money is an agreed-upon tool for facilitating exchange and cooperation.
3. Evolving and dynamic: The concept of money is not static. It has evolved over time, from barter systems and precious metals to modern fiat currencies and digital forms. This evolution demonstrates the malleability of this social construct.
4. Arbitrary value: The value of money is arbitrary and dependent on various factors, including economic policies, supply and demand, and even psychological factors like confidence and trust. This arbitrary nature further highlights its fictional foundation.
5. Power and control: Money grants power and control to those who possess it. It dictates access to resources, opportunities, and even social status. This distribution of power reveals the inherent inequalities and injustices embedded within the money system.
6. Potential for abuse: The fictional nature of money makes it susceptible to abuse and manipulation. Inflation, financial crises, and economic inequality are all examples of how this powerful fiction can have unintended and negative consequences.
7. Future uncertainties: The future of money is uncertain. With the rise of digital currencies and blockchain technology, the very concept of money might undergo significant transformation. This further underscores its constructed nature.
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No. Recognizing its fictional nature empowers us to use it responsibly, build a more sustainable economic system, and ultimately create a better future for all.
You say money but show a Federal Reserve Note they are not the same.
Here's why I consider it a fiction:
Money is fiction, it is a broken part of the state of the union in use publicly as 1st Amendment right. The Federal Reserve Note is not money, do you see it's Freedom of press. It is called a Federal Reserve Note, you are calling it money and are challenging its rights. Your grievance is that it is wrong and is not a Federal Reserve Note that is registered, it is simply just money.
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