Quote from: SuperBazooka on September 24, 2018, 04:43:44 AM

Opinion: Our Weird Relationship with Money
We all use money on a daily basis, but do you really understand how it works?

This article is a little bit different from the usual, as I will propose alternative ways of valuing money and looking at the economy as a whole. If youve been following my latest writings, youll understand my views on cryptocurrency adoption depend a lot on price and the role of technology Arguably, our own understanding of money will influence how cryptocurrency develops and that is exactly the subject of our discussion today. Im definitely interested in reading your comments down below or on Twitter; Seriously, dont be shy, if you have insights feel free to share!

Now, why are most economists ignoring the role of money in our society? They assume that it is centrally controlled by agents who make decisions on our behalf? Like allowing central banks to control interest rates by printing and selling more/less money to financial institutions? Even worse, today we endow private institutions the power to create currency: through debt.

How can we bestow our financial freedom to private agents whose interests rarely align with that of the common man?
https://www.ccn.com/opinion-our-weird-relationship-with-money/

When I was a student and at that period of time I did not think about how money works despite of I studied some economic disciplines in my university. Now I want to get to know more about the world economy and financial system, money, securities and how the financial world works. By the way I have made the conclusion for myself that money is the most powerful instrument for controlling and governing people in the modern world but on the other hand if we have a look at a banknote is just a piece of paper, you know, what I am talking about. Moreover any modern currency is just a believe because there are no currencies which would be supplied by any real asset like gold, crude oil, etc. My private opinion is that fiat currencies is an excellent invention for controlling and governing people.