Lyrixon
115567
3304
52
Jul 21, 2019 11:03 AM
Lyrixon
115567
3304
52
magicbryanconnolly
Still think the US fa boys should be made to watch Lovejoy
ThePirateCatsRock
Lovejoy. He loves his antiques.
BenKild
Thank you for not making this with unnecessary gifs.
Ultimaniac
/r/im14andthisisdeep
Swedash
Given the fact that I need those pieces of paper to pay my rent and feed myself I'd say it has a decent amount of value.
Ragnarcok
The man was born for the role
1TrueKingInTheNorth
Except it's not a story, its a universal agreement on a base unit of value to make the trade of goods and services easier
Isorikk
Money is representative of time, that's why it has value. Time is the greatest commodity we have. /r/im15andthisisdeep
Molvanian
I mean, the rise of capital as a medium of exchange isn't some evil thing and has several advantages over barter?
LaoBeifong
Great actor. Is this show good? I’ve been thinking about starting it.
SwashbucklingForJustice
Yes, fiat currency. Its not particularly edgy to point out that money only has value because we agree it does.
AirplaneNerd
Right? I mean, that's kinda the point. So we don't have to carry like 20 pairs of shoes to the shop when your car needs a brake job.
NotAirConditioned
Lovejoy knows a bit about money.
littlegingerone
$20 is $20
warriorbard
It's basically a pseudocertificate of worth.
sigurd768
This is an inaccurate description of how fiat money works but college sophomores think it’s profound
The701
Same with gold. It's a corrosion-resistant metal that has trading value because we say it does. (Excluding its many industrial uses.)
LuckyMan9
Swejin?
jscuster
San Francisco cocksucker
CaptainofaSinkingShip
cock suckin mother fucker
Prinnly
Movie title?
SomeCoolName
Slowly hides the salt shaker to inside pocket
ConnectToReality
Imagine having to barter and trade for everything you ever wanted.
tarataqa
I give you my vagene tomorrow for a burger today.
ConnectToReality
What do you have for collateral?
justplainvanilla
Grab that cash with both hands and make a stash
ArcaneConjecture
New car, caviar, 4-star daydream. Think I'll buy me a football team.
Piepersonsmom
tarataqa
"Post more bills"
ilovedogknots
What movie is this
vishd
From American Gods based on Neil Gaiman’s book
NapalmZer0
series American Gods. worth it.
Yeee5
In this case, the God of money (mostly) manifested as a trio of girl scouts.
comacomacomacomachameleon
girl scouts you say???
ArcaneConjecture
Some primitive societies threw young girls into volcanoes. We dress them up in ceremonial uniforms to collect the sacred Green Paper.
Yeee5
Every single line I read perfectly in that gravel voice and it's perfect.
hamdensoedefraslayer
The greatest value of money is that it is significantly more practical to lug around than actual goods.
3P3references
Tends to store a lot better too.
Valentino46
3P3references
Exactly. Imagine the equivalent value in soybeans.
NotAirConditioned
It took thousands of years to go from barter to coins with metal value to money based on gold reserves to today's currency. Try saying 1/2
NotAirConditioned
bitcoin is based on inherent value. And if you think paper currency's inherent value is equal to symbolic value, go back 2/3
NotAirConditioned
and tell the Weimer Republic. 3/3
Elroydb
It works both ways too. For a decade after the Russian Revolution Czarist notes still held value
MoldyPrinceOfBelAir
Why isn’t it worth anything now?
v
Elroydb
I thought it was neat that one could readily purchase goods or services with currency from a country years after it ceased to exist
Ferrumkit
I would say Barter still exists in frontier situations and 'uncivilized' populations but you're spot on I'd say.
NotAirConditioned
Barter exists as does the gift economy. People give gifts (goods/services) and an unspoken rule of reciprocity means a gift is often 1/2
NotAirConditioned
given back. There's also unpaid labour (volunteering, childcare) which adds wealth to an economy. 2/2
TheBurritoConfederacy
Barter exists everywhere, just not necessarily as the primary means of trade. e.g. I'll trade you beer and pizza to help me move some boxes.
Ferrumkit
True true, Jalapeno cheese spread currency did have a high market demand when I was involved in that system.
turkletoon
I bet this sounds better in his voice.
BelieverInSparkleMotion
Did you not read it in his voice?
Nightcaste
He has the kind of voice where he could read the phone book and it would sound interesting. Nigella Lawson has the same thing going on.
lowbudgetjeremyrenner
Everything does.
cat5kable
I substituted his voice for Gilbert Gottfried, still had a great time.
Rhyuji
well worth watching
bmoneydx
I actually read it in his voice, and it was better!
Valentino46
Now read it again, in her voice
Mxlespxles
I couldn't not if I tried
chickenboo
ah Lovejoy
hellodepressionspeaking
I read it in his voice
OliverClothesoff70
Lots of people say they'd like Morgan Freeman's voice, but I'd be happy with Ian McShane's any day.
ReplyingToTopCommentsIsHowIGetPeopleToReadMyComments
Can't you already hear the words in his voice??
NandoEdits
I read it in his voice... so, I win.
scout48cav
I rad this in his voice. So there.
jewmastajamez223
How can you read this NOT in his voice???
CalluColorGod
Like you ears are being massage by an alcoholic chain smoking angel. I love this seen the most
Drewdude
I read it in his voice having just watched Blackwood, amazing actor.
ohscrewit
*Deadwood
Wheretheresawill89
I was confused at first lol ... What ever you do dont google black wood...
Drewdude
Lol, yes that would be the one.
GatesofAphelion
I'm sure you threw a few 'cocksuckers' in there then
Tr1gg3rH4ppy
It would be better if he told the whole story while pissing in the corner in his jammies
WeFoundSomethingBeneathTheIce
Ian McShane belongs to the "British men who make everything they say sound sexy" club.
HarryBlackstoneCopperfieldDresdenIsMyPatronus
Regardless of what accent they use, apparently. Blistering Clusterfuck is on that list, too. I could listen to him as Dr. Strange all day.
LostCatWantedDeadAndAlive
Also, where was he before GOT and Jon Wick? I had never heard of him and that's criminal.
Allrighty
You should watch The Pillars of the Earth.
LurkDouglas
https://youtu.be/dYftoRFfrGE
GeneviveOrinse
Go watch Deadwood now
GodEmperorLetoAtreidesII
You cocksucker.
HarryBlackstoneCopperfieldDresdenIsMyPatronus
Is everything okay?
GodEmperorLetoAtreidesII
Zreen
Money is a placeholder for trade goods and services. Depending on the server you may be able to actually trade something or perform a -
Bonsaipanda
Item with imaginary value so someone else can control the money market and shift the perceived value at will.
Feanordidnothingwrong3000
"aw, 20 dollars? I wanted a peanut." "20 dollars can buy many peanuts!"" explain how!!" "money can be exchanged for goods and services!"
Althox00
No-one ever pays ME in gum.
jeherring8
Beats lugging around a sack of gold.
Zreen
service in place of spending money.
NotAirConditioned
It takes a lot of effort and trust for it to become that placeholder.
Ferrumkit
Eah. Precious metals use to back our currency. I do have gripes about the 'credit'-standard but finite materials somewhat forces this path.
BNabs
Yeah but that wouldn't sound as "woke"
schrodingersasymmetric12gauge
The issue arises when someone can gather the representative labor of others without need for it. Not binding the representation of labor...
schrodingersasymmetric12gauge
...to something with fixed value or quantity (commodity) lets the paper degrade in value but the salt shaker appreciate.
leodavinci1
Not that simple. Many factors, outside of any control, determine how much anything may appreciate... or depreciate for that matter.
schrodingersasymmetric12gauge
Not QUITE that simple, but https://fee.org/articles/how-julian-simon-won-1-000-bet-with-population-bomb-author-paul-ehrlich/
schrodingersasymmetric12gauge
You can clearly see that if you use a fiat currency, the working class gets less per unit of work over time and the upper can horde 'labor'.
Ferrumkit
Pretty much, fiat currency supplanted barter as it allowed greater flexibility and don't have an expiration date like some goods. It allowed
Ferrumkit
People with specialty trades to trade for common goods where average people would have no use for their wares.
MrFnortner
Fiat currency is not money. Money has value all its own. Fiat currency is a government saying, "Use this paper or else." That is also...
MrFnortner
...different from paper money which must be exchangeable with actual money in the issuer's possession, whether government or somebody...
MrFnortner
...else, like a bank or maybe even Jeff Bezos.
TotalBan
Commodity currency replaced barter. Fiat currency replaced commodity to make it easier to enact monitary policy.
Ferrumkit
Don't think I ever got a good feel on commodity currency, never really got covered too well in my education days, mind explaining for me?
TotalBan
Commodity: can be traded in somewhere for an object. Usually a chunk of metal (gold standard), but could be anything (cow, cloth, egg, etc)
Ferrumkit
I was going to ask if the Gold/Silver notes fell under that but then considered that coins like doubloons are still only granted intrinsic
TotalBan
Fiat: doesn't represent any object, has value because it's the only medium government will accept for payment of taxes and debts.
Ferrumkit
Gotcha, I suppose I always just saw there was overlap in some way but always neglected that 'Gov only accepts X' part.
ThanksIHateThis
Not too fast there. Regular currency did this. Regular currency has intrinsic value. Fiat currency does not. Think silver vs cash notes.
Carefuler
What value doe silver have, outside of some technical nich uses?
8gigsofshark
very little intrinsic value compared to the fiat value, frankly
leodavinci1
Not really. Regular currency's value is determined by the marketplace of economic participants: you, me, business, etc. 1 of 3
leodavinci1
What we (mostly), in an economic collective, mutually agree to. Made of precious metals or paper backed by them, it answers 2 of 4 (oops)
halo00to14
Precious metals only have value because we put value on them. They are have no more value in there natural state than fiat currency.
OneNeoEon
Maybe in the olden days. Nowadays precious metals like gold are wanted for use in processors and such.
halo00to14
But we assign the value of gold and such. Their value comes from humans giving them value. Much like fiat currency.
Carefuler
Gold originally had value because it could be easily worked into things women found pretty, and 1/
Carefuler
and it was hard to find so not all of them could have some. So they were willing to trade with men that had some.
kingoffoo
Except dollar bills are made of cloth. So sayeth fallout4.
bobsvagenecatsdogsredheadscosplaypuffins
Fractional reserve banking and Modern Money Mechanics. The greatest bullshit of all time.
AceBandit9
Canadian money is plastic. And colorful.
mcmachack
Currently US dollars are technically linens due to their composition. That's why pros bleach $1 bills to print counterfeits on
StarkRG
It is made out of paper made by pressing cotton and linen fibers together. It's not cloth, though, which is made from woven fibers.
LooseyGooseyBrett
Cloth paper
Pseudobatrachotoxin
In the business, we call it a nonwoven. Currency is typically a combo of natural and synthetic fibers, made on a paper machine.
Barkinsons
And you can build a comfy bed with 5 of them
Tigersterne
Cloth is often made of plant fibers, just like paper. Therefore cloth is a form of paper.
StarkRG
Paper is made by pressing together moist cellulose fibers, cloth is made by weaving fibers. Different processes produce different products.
TheRealMisterSavage
Except It's worth 10 caps a piece so collect that shit
ChevyNova1973
Got into the habit of hoarding pre war money, which messed me up in 76 where it was basically worthless
MyRespectableAlterEgo
A linen blend I believe
ilovedogknots
Watch pre war money is a 10,000 stack
TotalLiar
I thought it was 100$ a stack. At the skylines flight there is 100 pre War money and a ledger saying there is 10k in there.
ilovedogknots
oh then I remembered it wrong I thought there was only 10 in there
tomyironmane
... So sayeth the US Mint. The paper that bills are made of is some kind of proprietary blend of cloth fibers.
StarkRG
Cotton and linen, not cloth, which is woven.
MoistenedPenguin
Linen is by definition woven flax cloth tho
StarkRG
It might start out that way, but the process that makes the paper produces paper, not cloth.
MoistenedPenguin
But if it isn't still cloth, is it really still linen? Or just flax fibres?
SlightlyRelatedToThePost
Mostly linen and cotton. It's not super fancy, but yeah it's not made of paper.
tomyironmane
I never said it was. Though I couldn't remember exactly which fibers, so thanks!
Arthritor
According to Modern Marvels, levi jeans sold the offcuts of their jean production to the US Mint for this purpose. At least they used to
StarkRG
By definition it is paper, "a thin material produced by pressing together moist fibres of cellulose", not all paper is made from wood.
MoistenedPenguin
Amusingly both cotton and linen have much more cellulose than plain old wood. It's super paper.
HoldThatTHOT
[Origami intensifies]
Hobbsrox
Nah man religion is the greatest story ever told. Money originated with coins which held inherent value of precious metals they're made with
TheBurritoConfederacy
Sky cake.
WalkerCalvert
Bud if that's your reply then you really need to read or, of you must, watch American Gods cause you are sorta missing the point
rob0tgot
You're not wrong, but the old guy talking about money is Odin.
Easykehl
Gold does have an inherent value, but most of its price is due to speculative-demand not use-demand. Gold is the oldest financial “bubble”.
AggressiveChickenSandwich1
Just look at John Wick's world and the assassin's coinage.
tarataqa
Cave men were trading seashells and trinkets long before organized religion.
WarKittyKat
Some of the oldest coins were granary chits. That's probably a lot closer to "inherent value" than metal itself is.
Rhythmaster
What is "inherant" value? Value is only superimposed on things by humans, it is not inherant. If we didnt care about gold, it'd be worthless
SingingMeAndCthulioDownByRlyehFhtagn
‘Money’ actually originated with ledgers, coins came later.
KommentarBauer
1)The intersubjective idea of money is far more impressive. If I'm a Muslim a Christian probably wont adopt my religion, but they will
KommentarBauer
2) surely take money for their goods and services
mardukkur
That's not where money originated.
Midgarmerc
well if you really want to get into it then money was originally whatever was being bartered at the time until currency was established
NotAirConditioned
Today's coins however don't contain that metal value, paper money even more so. The origin of the computer in a shepherd 1/2
NotAirConditioned
counting on his fingers doesn't make it less impressive. 2/2
godzilladc
Those metals have no inherent value. They are just shiny.
Hobbsrox
Wtf are you smoking? Metals formed the basis of the industrial revolution
godzilladc
Value is defined by demand. Nothing has INHERENT value. For much of human history salt was worth more than gold, and thus currency.
ParryLost
This being the origin of the word "salary," which I always thought was cool.
NotAirConditioned
using metal from coins? Coins were not traded to be melted down into machines and products.
ISometimesCommentOnReallyOldPosts
If gold doesn't have inherent value then what does?
NotAirConditioned
Your government primarily mints gold coins? Even the dollar is not based on gold reserves any more.
godzilladc
Nothing. My issue is with the use of inherent. Things only have value because people want them.
sysaphiswaits
What is the inherent value of gold?
Gnosis6
Value is a thing that humans give to things, there is no such things as "inherent value."
Agisek
but otherwise you are correct, nothing we don't need has value unless we decide we want it
Agisek
actually, things we need to survive have inherent value, so food, water, shelter, those have value, the rest is just fluff
ritchieTiago
Those are necessities, but they're still only valuable because humans decide they are
louster
Exactly. To expand on this, "inherent" means 'naturally' or 'inbuilt', whereas things only have 'value' given a context or a goal.
louster
You could also argue that it's not just humans that give things value, eg other creatures also 'value' the things they require to survive.