How Is Money Good?

Question

Nice and long all u can sya about money!

Answer 1

Although Money is just a way of measuring keeping score when it comes to Material Wealth, the advantage of money is that it gives people an easier method of trading and streamlining Commerce.

Before you had the concept of money, you just had physical items. However, the value of a physical item is sometimes difficult to quantify, especially with fluctuating markets.

At least with money, it helps in terms of Liquidity. At least when you see a $20.00 bill, you know what it generally means in the United States and things you can buy with a $20.00 bill.

If I held out a baseball cap and said it's worth $20.00, how do you know? That's why a lot of people want straight cash. Currency is more accurate than other items. You can spend currency.

If you had to go around barterin, it means you have to go from person to person, from store to store, or from bank to bank until you can find someone who actually has use for the physical item you want to barter.

At least with money, people can immediately start spending it elsewhere without the inconvenience of trying to locate someone who actually wants a physical object you have in your possession.

Pawn Shops thrive on this, and that's why they only loan you half the retail value of the item in the event that something is wrong with the item or if you fail to pay the pawn shop back.

For people who play Roleplaying Video Games, you have Game Characters where you have to obtain very specific Quest Items that are of no use to anyone else except for the individual whom you're going on a Quest for.

You have to go barter with people and exchange items to locate a Quest Item and take it to the person who wants it. It has zero value to anyone else on the Game Grid.

Imagine a world without money and how much longer it would take to get things you need strictly by bartering. People would have to haggle over deciding how much something is worth.

Imagine two traders trying to trade goats for sheep.

- How much is a goat worth?
- How much is a sheep worth?
- How old are the goats?
- How old are the sheep?
- Do any of the sheep or goats have defects?

It would be like trying to compare apples and oranges. At least with money, it more accurately defines value.

In a sense, money gives people a clearer Moral Perspective on things. Although people dislike Greed, at least Money allows you to keep track of when someone is being greedy or not.

When someone is being selfish and hoarding money, at least other people can recognize that and point that out. Other goods that are intangible make it more difficult to track.

I work on the Film & Entertainment Industry and value is based completely on Star Power, which tends to functuate with an actor's last film project and how much money they raked in. It's difficult to pinpoint Star Power except by what's seen in the Box Offices, which still comes back to ticket sales that is tracked by a dollar figure.

Comparing cost of goods and services on a national scale is already hard enough. At least with money, it allows countries to keep track of the exchange rate to measure the strength of the currency.

- You can compare the British Pound with the U.S. Dollar
- You can compare the Mexican Peso to the German Deutschmark
- You can compare Chinese Yen to Rubles

By having a basis of comparison with currency, it allows companies abroad to do international trading so that goods and services can be exchanged around the world rather than be restricted to political borders.

The only reason why people tend to dislike money is because lower in come and middle class parents don't teach their children how to manage money responsibly. Wealthy parents who treat Business like a Video Game that they're good at teach their children about money.

So the rich get richer because they're already using a refined Financial Game-Playing Style while the poor get poorer because they play the game terribly.

As anyone knows, when you try out a new game and you're terrible at it, you don't want to play it. However, when you excel at a game or it comes naturally to you, you want to play it all the time.

Greed can be perceived as another Psychological Form of Financial Sports Fanaticism. People who love the Game can't get enough of the game. People who suck at it don't want to deal with it any more than they have to.

Although people despise how Money gives individuals a voice, it does allow you to be heard. It's too bad people with large sums of money who can be heard don't really have anything worthwhile to say.

That's why you always see a lot of crappy big budget movies being pushed into the theatres. It's because the investors who actually have money tend to hae poor taste and are mucking around blindly trying to figure out what the public (who mostlly don't have money) wants.

People get disgusted about everything being about Sex, but it's the one thing you can focus on in any society that you can be sure of that people like.

That's why Money, Power, and Sex all tend to revolve around each other.

If you want a Superficial and short answer to how money is good is that you can get a lot of sex :).

Whether that provides your soul with the sufficient amount of Moral Fiber in your Spiritual Diet is another story, of course.

I know quite a few Morally Constipated Individuals in Hollywood...

Answer 2

Money or currency allows for an easier exchange system for consumers to acquire goods & services. No more bartering between things like so many bushels of cotton for one ox cart, or baskets of barely/wheat for a horse. Money allows a universally accepted value system. If you're a wheat farmer, it is easier to carry around money to trade for things you need than it is to carry around baskets of grain. A value can be placed upon each item and money in the appropriate amount can be traded for or used to purchase/buy the item or service. Now, of course, the current problems are due to what values certain producers of certain goods or services put on their products. And, sometimes others wishing to acquire those goods or services feel the producers have over inflated the prices. Then things like wars and other minor annoyances happen. I am just waitng for the oil companies that earned things like $11 billion quarterly profits [not income amounts, PROFITS!!!] to get overthrown. One can dream, can't I?

Answer 3

Earn by hard work and honesty and spent 1/4 for ourself, 1/4 for family, 1/4 for humanity or god, rest 1/4 save for future. its the best way to make money good

Answer 4

Perhaps the easiest way to think about the role of money is to consider what would change if we did not have it.

Answer 5

You're not living on the streets for starters. We live in a society where money talks.

Answer 6

I like money because I can trade it for nifty goods that increase the quality of my life.

Answer 7

at first i should tell to u that:: money is good if u have else thing that u want
and all people love money
but if they have it don't know how to use
or they will want else thing
because money is not their need
if i have big money i will life and don't forget my before

Answer 8

Money isn't good or bad. Money is a tool. The way people use money is good or bad.