Money: Humanity's Biggest Illusion

if i asked you the question what is man's greatest invention what would your answer be there's a lot of options would it be fire because it gives us warmth protection and the ability to cook our meals or perhaps you would pick the wheel because it's the driving force behind the beginnings of trade commerce and

travel while both of these are excellent choices most of the time when we think about the greatest inventions of mankind we tend to forget one of the most important ones of all money but unlike man's other great inventions money is immaterial maybe that's why we don't often think of it in the same breath as some of the

other great inventions things like fire in the wheel are tangible but not money money is merely an idea an illusion whose value is non-existent only determined by the importance we place on it or at least money as we know it today however the fact that money is an illusion does not in any way undermine

its importance before we created money we were forced to trade goods and services directly in what we refer to as the barter system people exchanging goods and services for other goods and services in return because there was no arbitrary value placed on these items every single trade was determined by what each party was

willing to give up for something that they wanted it was kind of like a game if i wanted some of your vegetables for dinner but i only reared cattle i would have to give you one of my animals in exchange for a bag of vegetables if i wanted shoes to wear but i only

made tents i would have had to give you an entire tent in exchange for a pair of shoes and immediately you can already see one of the major problems with the system of trade it's the asymmetry as a tent maker there's no way i wouldn't feel cheated having to exchange an entire living space for simple