A society that has more consumer goods and more investment goods is richer.
Money doesn’t work in that way, because its value lies in its exchange value, not in its use value
Having “more” money doesn’t mean the society is richer, it means that the value of money is devaluated
#Bitcoin
#Plebchain
alexottabtc /
npub1ca…ray87
2023-04-17 18:44:18
Author Public Key
npub1caejvzgv947gzlrgvagvq39ueze8fwmu3a7z6plxka5e75sruj4svray87Published at
2023-04-17 18:44:18Event JSON
{
"id": "13dd76b588626e0ed59f8f178cd526cb51d91497057fd51a2ba824f1bba55fd2",
"pubkey": "c77326090c2d7c817c686750c044bcc8b274bb7c8f7c2d07e6b7699f5203e4ab",
"created_at": 1681757058,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
],
[
"t",
"plebchain"
]
],
"content": "A society that has more consumer goods and more investment goods is richer.\n\nMoney doesn’t work in that way, because its value lies in its exchange value, not in its use value\n\nHaving “more” money doesn’t mean the society is richer, it means that the value of money is devaluated\n\n#Bitcoin\n#Plebchain",
"sig": "6c0ab9de0d3a6197aeb111e98f1a1e53764c53e452d38a4a5f8ee9c3794650f844594d771efd2f0d74201fdb8c6eafb23957bd76dc913591827a2920e0bda7ac"
}