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How the 'Functions of Money' Blind Us to the Structure of Money

20 pointsby Gigamouseabout 4 years ago

2 comments

htnsaoabout 4 years ago
Cliffhanger. His unfinished concept of comparing money to a chair leaves readers &quot;confused, disoriented and exploitable&quot; enough to pitch his newsletter signup at the end.<p>What is he selling? Just spit it out already.
clejackabout 4 years ago
&quot;From false premises, anything follows&quot;<p>&quot;Money too has a structure...&quot; - Brett Scott<p>Hear I&#x27;m focusing on this undefined, elusive structure that Brett keeps alluding to. Not the superficial description of paper currency or coinage. Being honest, I hardly see a difference from a superficial description of an object and the author&#x27;s use of structure, but I&#x27;ll ignore that for now.<p>What is the structure of love? Of wisdom? Of pride, anger, hatred, or even better, of value?<p>The reason people&#x2F;economist focus on the function of money is because that&#x27;s a wise thing to do given it&#x27;s immaterial source. Money, is a manifestation of the idea of value.<p>The fact that people conceptually struggle with it is no more significant than the fact that people struggle with calculus.