What is Money?

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   DasEngelposted 8 years ago

   I don't want to hear your philosophical musings about money. My question is:  Do you know, from a strictly scientific standpoint, what Money actually is?

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   paradigm searchposted 8 years ago

   Stored labor.

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      Quilligrapherposted 8 years agoin reply to this

      Best answer.
      

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   Kylyssaposted 8 years ago

   It's a fancy IOU or generic credit slip that stands for goods or services owed.

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   Kiss andTalesposted 8 years ago

   When you google the definition it simply states truth.
   Mobile-friendly - : something generally accepted as a medium of exchange, a measure of value, or a means of payment: as. a : officially coined or stamped metal currency. b : money of account. c : paper money. a : wealth reckoned in terms of money.
   Basically something in exchange for something you want or need.

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   DasEngelposted 8 years ago

   How about a tip of the iceberg?

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   Kathryn L Hillposted 8 years ago

   It is a certificate of productivity. Unless stolen.

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      Kathryn L Hillposted 8 years agoin reply to this

      taking without producing

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   Kathryn L Hillposted 8 years ago

   J. Madison wanted us to use specie and not dollar bills/notes.

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      DasEngelposted 8 years agoin reply to this

      Trillion dollar coin

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   DasEngelposted 8 years ago

   What is the definition of "stealing"?

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   Kathryn L Hillposted 8 years ago

   
   
   http://krugman.blogs.nytimes.com/2013/0 … coin/?_r=0

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    DasEngelposted 8 years ago

    You may laugh at me, and feel free to do so if you feel so, but taking something without ever producing it - is also productivity.

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       Kathryn L Hillposted 8 years agoin reply to this

       Okay I take twenty dollars from the church collection plate as it goes by, without anybody noticing because I am clever like that and I have no conscience what so ever.( I came to church for free money.)
       I have done nothing to earn it as far as goods or services.
       Where is the productivity?
       Everyone else has put in money which they earned by providing goods or services (or stole and are now atoning for their sins.)
       
       What is your definition of productivity?

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          DasEngelposted 8 years agoin reply to this

          What if they willingly give you the collection plate?

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             Kathryn L Hillposted 8 years agoin reply to this

             I will spend that money and it is good for the economy?

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                DasEngelposted 8 years agoin reply to this

                That is a completely separate issue.

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    Kathryn L Hillposted 8 years ago

    Obama made importing of Ivory illegal just this year. Poaching is bad producing.
    Bad for the elephants.

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    Kathryn L Hillposted 8 years ago

    Faith is the only thing money is?

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       DasEngelposted 8 years agoin reply to this

       Money is hovercraft.

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13. 77

    Kathryn L Hillposted 8 years ago

    But it will not be good for the church if they give me the collection plate. The church could fold. it will cease to exist if they continue to give the collection money to me every week just because I ask nicely.   
    Atheists will cheer, but the theists won't.

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       DasEngelposted 8 years agoin reply to this

       Perhaps a morally conscious Satan is something that should not be discouraged.

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          Kathryn L Hillposted 8 years agoin reply to this

          how is a MCS discouraged?

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             DasEngelposted 8 years agoin reply to this

             Good question!
             
             
             The answer is: By sending a MCS to a school.

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                Kathryn L Hillposted 8 years agoin reply to this

                Where they learn from a strictly scientific standpoint, what Money actually is.
                What is it again?

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                   DasEngelposted 8 years agoin reply to this

                   Do they?

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                      Kathryn L Hillposted 8 years agoin reply to this

                      yes. thankfully so, because they love money.
                      Where would they be without it?

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                         DasEngelposted 8 years agoin reply to this

                         ..on a hovercraft

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                            Kathryn L Hillposted 8 years agoin reply to this

                            like a flying dress.

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                               DasEngelposted 8 years agoin reply to this

                               Hovercraft has its limitations.

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    Kathryn L Hillposted 8 years ago

    hovercraft |ˈhəvərˌkraft| noun
    a vehicle or craft that travels over land or water on a cushion of air provided by a downward blast. A design was first patented by Christopher Cockerell (1910–99) in 1955.

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    DasEngelposted 8 years ago

    The issue of morality should be discussed separately. And we all know the fact that we can create money, but money can not create us.

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    DasEngelposted 8 years ago

    I feel that a few years later I'll tell you that the only thing that really matters, is one's own conscience.

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       Kathryn L Hillposted 8 years agoin reply to this

       but, you said MCSs can be discouraged by a school.
       What encourages their moral consciousness / conscience?
       
       or can it only be discouraged in your view?

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          DasEngelposted 8 years agoin reply to this

          I'm a radio device. There are many channels that I can tune in to. In my short life, I have accessed quite a few of them.
          
          I can talk about reality, and its channels, only as much as I've personally experienced. I can't talk about what goes on with other radio devices.

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             Kathryn L Hillposted 8 years agoin reply to this

             It is good to respect different radio devices and allow them to tune into whatever channels they wish.

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                DasEngelposted 8 years agoin reply to this

                yes

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    Kathryn L Hillposted 8 years ago

    okay. There goes all my fun.
    Thanks .
    I'll have to take up something else ...
    like Mathematics …
    
    

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       DasEngelposted 8 years agoin reply to this

       So now you've started to tease the former UFC heavyweights? :-D

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          Kathryn L Hillposted 8 years agoin reply to this

          just wondering how many.

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             DasEngelposted 8 years agoin reply to this

             silence

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                Kathryn L Hillposted 8 years agoin reply to this

                ((:-)

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    gmwilliamsposted 8 years ago

    Money is material compensation for an educational and skill set acquired.  The higher the educational and skill set, the higher the material compensation.

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    1. 91

       Rochelle Frankposted 8 years agoin reply to this

       In theory, yes. In practice -- not always.

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