posted on Jan, 29 2009 @ 07:33 AM
Money is a unit of measure, not a thing in and of itself. But our economy and trading institutions treat it as if it is a commodity. I think this is
the source of the problem.
We believe that the quantity of dollars is limited, or they must pass from hand to hand, from those who have enough to spare and need something done
to those who don't have enough and are willing to do something to get it.
But since money can be created (and it is, just study fractional reserve banking) then in reality, money is a unit of measure, no differently than
kilograms are used to measure mass, or yards to measure distance.
There should be no shortage of dollars to keep people at work than there should be a shortage of miles to lay down a road with.
If the people are willing to work, and the products and services they create are needed by the economy, why should money be in short supply, or why
should the value of money available suffer fluctuations in value?