Value of Paper Money
The inherent value of paper money is zero, except when it is measured against the value of consumables the bearer can exchange for each unit of currency in his or her possession. Additionally; paper money has an intangible value that is directly related to the condition of need of its bearer. While a one hundred dollar currency may be inconsequential to a person with little material need the same may be the governing factor between homelessness, health, and even life for another with lesser means hence; priceless. Simply put, paper money is valued at the maximum amount of consumable for which it can be traded either directly or indirectly.

0 Comments:
Post a Comment
<< Home