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Politics : Clinton's Scandals: Is this corruption the worst ever?
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To: Neocon who wrote (12594)5/20/1999 8:27:00 AM
From: PiMac  Read Replies (1) of 13994
 
Neocom, I was less eloquent and precise [ain't it always with you?] than your post, but I Was referring to exactly your comment with: <That universal exchange [though not a constant exchange]> I understand and agree on money as a non-standard value beyond a specific transaction.

My observation is this: that money can always buy ham. [sometimes more, sometimes less] Money can always buy peanut brittle. Peanut Brittle and hams can always be sold for money.

Trust can sometimes buy promises. Promises can sometimes buy hope. And sometimes not. There is no "money" in this ultra-abstract world of promises and hope. There is a loss from disorganization, just as if economics never had money.

Additionally, and the political implications are obvious, having a central unit of exchange - money - allows the things it ties together [sundry wealth] an inappropriate place in influencing the things [hope, etc.] that have no central unit of exchange.
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