(December 1, 2012 at 7:28 am)Tiberius Wrote: The entire point of money is to be a medium of exchange that everyone can use. It means people don't have to barter, and create long chains of bartering. We need bakers to bake bread, but when I want to have some bread, how do I make the purchase? Without money, I'd have to give the baker something else he wanted, which would require me to have the item he wanted, and to make things fair, it would have to be of roughly equal value. If I don't have anything the baker wants, I have to go and search for something he does want, do an exchange with that item, and then do the exchange with the baker. This can result in ridiculous chains of bartering which wastes everyone's time.
The solution is money. Everyone agrees to accept money in exchange for items, and then I can pay the baker for his bread, and the baker can exchange my money for something he wants.
There you go again with super consumer thinking, what if both the baker and you did not have to go to each other or barter. What if you could just get what you needed without having to buy or barter for it or even receive it from another person? Then we could all spend our live's focusing on whichever intellectual or entertainment hobby's we wish. Sadly people want to have a credit or barter system so they can say I have this and that and he doesn't. Annik was right the it would need to be an automated society, which people just aren't ready for. Have fun living life for simple greed.
Live every day as if already dead, that way you're not disappointed when you are.