Are we slaves to money?

[crypto]

We're not slaves to money, but we're slaves to self-interest, which often manifests itself through greed. Money's just the vehicle.

[Skieski]

We're not slaves to money, but we're slaves to self-interest, which often manifests itself through greed. Money's just the vehicle.

And rational self-interest is the only way to truly live.


If anybody else approaches you saying otherwise, run for you life.

What do you mean by conspiracist? There facts and proof. I take it you are .... 13 years old?

To assume that his response has a direct connection with his hypothetical age is not the best approach. I've said it before, age is not a sign of intelligence or maturity.

[crypto]

And rational self-interest is the only way to truly live.

Well, yeah. Calling us "slaves to self-interest" does self-interest a huge injustice.

[Loken]

I spend alot of my week trying to obtain money, I am money's bitch

[Raunky]

I would say yes, because of how the money system works(in the U.S. at least, can't speak for those in other countries). The entire Federal Reserve system is based around creating debt, and the only way to get out of debt is to create more debt which you shove on some one else.

[Ghast]

Without money, we'd be bartering like barbarians.

Yes, wealth promotes greed, although we'd be a very primitive race if we didn't use this system of value. (Unless of course, the economic principles practiced in the Star Trek universe came into effect; which involves almost universally ratified socialism)

[Raunky]

I'm not saying to do away with money, I'm saying that the money system is flawed. We no longer have the gold standard, so our money has no real worth, the only worth it has is the worth we say it has.

[Lone Mudkips]

Money keeps the whole system running. Just sayin'.

[Cadaver]

"I AM NO SALVE."  Correct, Ghast, you are no salve.

Do not attack the person arguing.  It merely proves you cannot counter argue their point, or shows a lack of getting your point across.   

I think it  wise all posting here remember this.

Anyway, there is a concern of "value" of money, and people then state that GOLD or OIL or some other commodity of choice has specific "value" to base money on.  WRONG.   Just as money has a perceived value, so does gold and oil and any other substitute for money you can think of.

The point is this: ANY government issued money can be tied to the value of some commodity.  So what?  The instant there is no public faith, or belief, in the specific government, then the money is still worthless.  Go ahead an try to get the commodity tied to the money.  It would not happen, as the government failed.  Worth less than the paper it was printed on.  (Example: Confederate Dollars.  Go ahead and try to get the gold backing those up.)

[Leomire]

What are your guys' parameters? I mean we are not all slaves to money, but we do require it to survive...