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  1. Abhishekm

    The Love of Money & Problems It Causes

    Eh, trading on money at the bottom of the sea. Sounds almost as sketchy as funny money to me.
  2. Abhishekm

    The Love of Money & Problems It Causes

    True, though grain like rice in Japan makes the most sense for the periods honestly. And heh, I remember seeing vids about those stones. Too big to move so you sold the rights to them, some times percentage or rights and some time son ones nobody remembered the exact locations of. Much, modern...
  3. Abhishekm

    The Love of Money & Problems It Causes

    So representations of other stuff usually gold? Same statement different words I suppose.
  4. Abhishekm

    The Love of Money & Problems It Causes

    True, and thats a great benefit. Alternatively the argument can be made that low cost/easy availability of currency is a feature and a central one at that. Because paper money began as representative money backed by gold. Becuse exchanging goods and services using notes made things a lot easier...
  5. Abhishekm

    The Love of Money & Problems It Causes

    Christianity forbids Idol worship yes. But Tokens aren't anything new or antithetical to it. And money at its base is a token representing 'values or 'use'. So even fiat money isn't an antithetical concept to it. The issue is if that 'value' represented by the token is real or whether it is...
  6. Abhishekm

    The Love of Money & Problems It Causes

    Because really if you think about it Loans and Investments get grouped together alot because left alone Loans should be a lot like Investments in the first place. Investing in someone's word that they will repay that investment with profit for the risk incurred. Even with physical or tangible...
  7. Abhishekm

    The Love of Money & Problems It Causes

    https://www.investopedia.com/articles/investing/022416/why-banks-dont-need-your-money-make-loans.asp#:~:text=In%20order%20to%20lend%20out,other%20words%2C%20deposits%20create%20loans.&text=If%20the%20reserve%20requirement%20is,times%20more%20than%20their%20reserves. I like investopedia. Don't...
  8. Abhishekm

    The Love of Money & Problems It Causes

    Like anything in this thread isn't already strawmaning everything else. Because God forbid people curse something in peace without having others curse at them while cheering the thing they grumble at.
  9. Abhishekm

    The Love of Money & Problems It Causes

    Yeah because stock investments and variable interest loans are the same thing. :geek: I get where you are coming from dude but just because something is useful or convenient doesn't change the morality of it. Let alone the long term implications or results. You know there are payment plans for...
  10. Abhishekm

    The Love of Money & Problems It Causes

    Well yes. Hence the comparison to road signs and licenses.
  11. Abhishekm

    The Love of Money & Problems It Causes

    Meh, paper money has always been kinda dodgy. Its just the kinda dodgy people have to put up with. Like road signs and licensing. Sure the argument can be that Gold and any actually backed currency is kinds like Barter but with a preagreed common item. But thats what money is you know minus the...
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