5 ms·
Money is a receipt given for value created. I think you mean to say that dollars and pesos should be replaced, which I agree with to a point. However, giving up
by josh33 14y ago
Money is a receipt given for value created. I think you mean to say that dollars and pesos should be replaced, which I agree with to a point. However, giving up money, to a government, is like giving up sovereignty. How could a government fund wars or welfare if they couldn't print money.
- eli_gottlieb 14y agoNo, money is a receipt given for rivalrous, excludable property owned, and then sold off, or for excludable services rendered. We thus have an economic system that hugely neglects the provision of commons and public goods.