Asked by Andy Blackwell Uncategorized
Why is reprensentative money valuable?
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If you print more money, it is easier to get. The easier it is to get, the more people that have it. The more people that have it, it isn't very valuable because a lot of people have it. Here is just a comparison: Edvard Munch's "the Scream" wouldn't be valuable if he had painted four hundred paintings. Since Edvard Munch only painted one or two paintings of "the Scream", it is very valuable because everyone likes it, but there are only one or two paintings, which makes it valuable. It is the same thing with money, because the rarer it is, the more valuable it is. It doesn't just work with money - it works with every item in the world.
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