"A small light weight currency like our paper money and coins is much more efficient, but even better is when nothing actually changes hands at all, credit, debit, checks, they’re all even better because for one it’s much harder to lose than a physical currency, and it’s easier to determine it’s value and authenticity."
Id just like to point out that there are dangers in profligate credit and the build up of debt. In many ways it is better to have the money supply based on a more tangible substance, or else even dout by the creation of debt free money each year.
Then the point about money is that it is a tool, a very useful one, but still a tool, so dont take it too seriously, dont start using it to measure everything in life, and watch out for greed etc, as pointed out above.
Id just like to point out that there are dangers in profligate credit and the build up of debt. In many ways it is better to have the money supply based on a more tangible substance, or else even dout by the creation of debt free money each year.
Then the point about money is that it is a tool, a very useful one, but still a tool, so dont take it too seriously, dont start using it to measure everything in life, and watch out for greed etc, as pointed out above.