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What Is Real Money? - Nairaland / General - Nairaland

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What Is Real Money? by papabaks(m): 1:14pm On Oct 29, 2009
Many says real money is cool cash that we can see with our "naked" eyes while some says it's not, but right now and crossed and don't know which one to believe.

What are your own point of view?

papabaks.
undecided
Re: What Is Real Money? by canuck(m): 3:17pm On Oct 29, 2009
Money (Cash) is a merely a measure of value; it is NOT value per say. Those that say money is what they see with their naked eyes are preoccupied with the utility value of money - This is the bane of the culture that make up Third World nations.

On the contrary, the intrinsic value of money recognizes money as a tool for the creation of more money, not as a master to be worshipped and acquired (without rendering real value), e.g. fraud, corruption, ritual killings, kidnapping, idolizing 'big men', poor industry, etc.

Real money cannot be seen with the naked eyes - It is intangible.

Hope this helps. Great question though.
Re: What Is Real Money? by muffins(f): 12:33am On Oct 30, 2009
Real money is the money you can use to buy something. cool

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