Do you think money(currency) was was invented by the so called inteligents to exploit the farmers/labour class

Answer 1

No I think it was easier to bring a pocket full of gold rather than a huge wagon full of pigs, cows, or anything else to trade!!!!!

Answer 2

I don't think so. Currency was aimed only for business exchanges and nothing to do with farmers and labour classes. Ofcourse the so called top class people have exploited money power and thereby the sufferings are the farmers and the labour classes.

Answer 3

No, not at all. Seems to me that the logic you example is one that a persecuted person would feel.

Money was initially a way that individuals of different cultures could exchange good. Money, as you know, was not always coins or paper currency. Initially, money was goods (products / produce / or people). It later changed to beautiful objects (gold / diamonds), then it chanced to bills of exchange, then eventually to currency as we have today.

So, money was a way to exchange value for goods. It has been done by all cultures in one form or another. And, because of trade, business and land currency, there has developed over time a wealthy class. You must admit, however, that just because you're wealth it doesn't mean you're intelligent.

TX Guy

Answer 4

Currency merely replaces/represents Gold. You (Government) can print a set amount of money based on the gold reserves of your country and a set amount of money can be printed each year to account for damaged currency. If you print more, you devalue the currency.

What would you prefer ? We walk around with Gold to pay for everything ?

"That comes to $34.76. Will you be paying in 10, 14 or 24 Karat ?"

Answer 5

Without money you could only exchange goods by bartering so if you wanted something you had to find someone who would trade what you had for what you wanted. It was very inefficient so money was invented before people even learned to write 5000 years ago. Without it we would have more equality because no one could get what they wanted, and we would all be subsistence farmers producing most of what we needed for ourselves.

Answer 6

actually this was done by the capitalists in order to exploit the socialists and obtain their wealth indirectly. this was used as a form of wealth acquiring by the capitalists. currency was used to also exploit the poor/lower elite by the upper class.

Answer 7

To help the farmers To engage in their profession more diligently and vigourously money has been invented.

Answer 8

Yes