Post
Topic
Board Economics
Re: Metarepresented Money
by
mirelo
on 27/01/2015, 12:14:47 UTC
Money has different values depending on the circumstances though, it has a lot higher value when you're struggling to make ends meet than when you've plenty to spare and that seems to be on a linear scale, when you've billions then throwing a few million at a market to push it around is trivial. Risk likely comes into it there and could be considered a currency in its own right.

You are confusing the value of money with your need of it. Having more money cannot decrease the need for it unless the monetary unit maintains its value.