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IPFS News Link • Economics: Austrian

The Evils of Money

What I'd like to say to the rightly outraged folk who are occupying Wall Street, and to everyone who is fed up with being stolen from but, I think, doesn't quite understand how it is they're being stolen from or who is doing the stealing

1 Comments in Response to

Comment by Ed Price
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This is from the article:"Money is the tool that allows people to exchange bamboo and bananas for a place to live, without having to carry around bamboo and bananas all the time.  THAT’S PRETTY MUCH IT."
Besides what the article says, there is one other VERY important aspect regarding what money is. Money is the stored-up labor of the laborers, whether it be mental labor or physical labor. But it becomes "stored-up" for anyone, or any group, to any great extent, only when they "mess" with the lives of all the others.