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Where does MONEY come from?

Ol'Dave 2012/07/02 01:34:42
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While governments may OWN the presses, they don't CREATE money, without there being CONSEQUENCES in the economy-like INFLATION. Taxes are just the MEATHOD for governments to finance themselves or redistribute wealth. Investments don't create money, they are a means of 'parking' extra money to EARN/LOSE more. The only thing I know of that makes money, in any economy, is a WORKING MAN/WOMAN!
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  • John Galt jr or Ron/jon 2012/07/30 13:46:03
  • Wyveryx 2012/07/02 04:27:33
    Undecided
    Wyveryx
    just shooting at the hip here.

    My guess is that money was created to abolish the barter system, that way the ruling class could get their cut.
    If someone had to use some form of physical currency it could then be split and some given for work tended and the other part in the form of taxes.

    So essentially it was created out of thin air to replace another mode of payment.
  • Samantha 2012/07/02 03:09:45
    Undecided
    Samantha
    Abraham Lincoln said, "Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration."

    As Lincoln correctly stated, wealth is generated by the labor of working class men and women. Greed enters the picture when the wealthy choice to exploit labor by refusing to pay a living wage to the workers who generate wealth.
  • Gregaj7 2012/07/02 02:44:18 (edited)
    Undecided
    Gregaj7
    Hypothecation of Bonds, including the Birth Certificate. The labor energy of men/women is factored into that hypothecation.
  • VoteOut 2012/07/02 01:47:31
    Undecided
    VoteOut
    +1
    Trust makes money

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