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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chispas who wrote (31458)6/4/2005 9:55:50 PM
From: Drygulch Dan  Respond to of 116555
 
Money is:

Cherished metal objects with or without inscribed designs
Paper with artful designs
Plastic cards with magnetic stripes containing bits of data
Some binary impulses stored in some computer somewhere
At Club Med it is some plastic beads

An abstracted and increasingly worthless medium of exchange which has become increasingly invisible and ephemeral over time.


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