>>1256
Money represents claims on real goods and services. Its value fluctuates with supply, demand, and inflation, and it can be invested in productive ventures (business, infrastructure, stock, bonds). Thus, earning interest is no longer sterile, because the money enables production, trade, and wealth creation.
Anonymous
loc-IN
>>1256
Money represents claims on real goods and services. Its value fluctuates with supply, demand, and inflation, and it can be invested in productive ventures (business, infrastructure, stock, bonds). Thus, earning interest is no longer sterile, because the money enables production, trade, and wealth creation.