Another blog by myself that is pretty self explanatory to those in the “know.” Believe it or not we still barter in pretty much the same way that our ancestors did it. In our time it is just more centralized based on a countries financial standing.
A dollar is the same denare of times past or shekel of biblical times or plain sea shell during more primitive eras. Once you come to that reality you can understand the deeper meaning of what money is. It is nothing more than a very popular an instantly liquid promissory note.
Now this blog can end here but that would not be consistent to how I do things so let me expound on what I have seen (LOL Songs of Solomon reference).
Money is mildly different from any other promissory note like homes, cars or anything else similar. The variance is the speed of the escrow that comes with the others or the transfer of value. With the others you have to verify the authenticity of ownership outright where money is “finders keepers losers weepers.”
This is the reason that so many get lost in the phenomenon of inflation and depreciation of the value of money. It also keeps us from understanding how banks and other similar institutions function on a global scale. They turn money into a commodity much like homes and not stock.
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