Cloud Kicker (critialcloudkicker)'s status on Tuesday, 08-Oct-13 20:10:03 UTC
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@pony In shorthand. You trade equal values, right ? So lets say I trade you 8 eggs for a loaf of bread. One day someone invented money, so nowadays we all trade goods and services for money. Around this time someone just like you said "I do not understand why we are trading for money, where does the value come from ?" The value comes from the ability to esteem worth a certain good or service in money. After all, you can not possibly equate the formula "If 1200 chickens can be traded for a lambourgini, and a lambourgini can be traded for ten thousand full peanutbutter jars, howmany peanutbutter jars is a chicken" . Why ? Because the market fluctuates TOO MUCH in large numbers. Now let us look at diffrent countries, they also have a valuta right, and their own money. Because they wanted to trade someone started a buisness exchanging currencies, and got rich doing so. In the end of the story however, we the individual, decides to work with, or not with someone when using money ( cont. )
