What is money, anyway? When I was younger I though money brought happiness. I also though money ruled the world. When someone would ask me where did I see myself in 10 years I would say “I hope to have a stable career so I can make a lot of money.” I use to compare money to success. As maturity set in I learned that money is not everything, we do not need money to be happy. I learned that happiness comes from within and that money is only a number.
If we all had the same amount of money the world would be a lot different. Money is what causes different social status in our country. For example some different social status are lower class, middle class and upper class. Money can make people do evil things at times, money is a great tool for helping other but is nit needed at all times. If money could be controlled by the government America would be a calmer and stress free country. Many Americans work hard day to day but money is never currency as we get paid. Money has no actual value.
We can think of money as a spinning circle, circling from one person hand to the next. Discussed in NRP broadcast 423 The Invention of Money they question if “America really knows how much money is out there in dollars” and how could we ever find out the total amount each person owns. Back to my second paragraph if we all had an equal amount of money this would not be a topic to discus. I think America should money is not paying enough attentions to the amount of money that is out there.
The broadcast relates the Limestone wheel of the Yap community and the American dollar to having no physical value but having a value in faith. Another comparison is that a person does not have to physically have the stone in front of them but other automatically know they stone belongs to that person and they are wealthy. As in America I can relate this to famous people. Celebrities are know to have money with having to ask no questions. Money is what makes people who they are today which can be a good or negative result. My views on money have changed tremendously, they article “The Island of Stone Money” by Friedman Milton opened my eyes to the situations in France and Brazil that I knew anything about the text was very informational.
In the source I gather it states that the dollar bill has no real value other than iconic heros faces on them. The author explains that “money generally took the form of coins composed of precious metals such as gold and silver.” Which compares to the The Island of Stone Money article.
Friedman, Milton. “The Island of Stone Money.” Diss. Hoover Institution, Stanford University , 1991.
Moffatt, Mike. “Understanding Economics: Why Does Money Have Value?” 2017 https://www.thoughtco.com/why-paper-momey-has-value-1146309
“The Invention of Money.” This American Life. N.p., n.d. Web