When money has been in precious metal, only a minority of people used Gold or the bigger silver coins which had a great purchasing power. Most people used copper or bronze coins ....
When money has been in precious metal, money could be seen as a real asset ! Being rich having money made some sense !
why people continue to think that "money debt" is a real asset and when the prices skyrock , they become wealthy ??
Currently, money is only FIAT , and when prices skyrock, it means more often a decrease of the value for each unit of the currency.
I ONLY THINK THAT MOST PEOPLE ARE CLEARLY UNFAMIliAR WITH MONEY .....
Deregulations of the financial system, credits out of nothing , welfare states let them imagine they are wealthy .... but it s an illusion
MONEY = SOCIAL RELATION = WORK
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