Joey on Nostr: What is money? Money is a right to a certain exchange value. You work, exchange your ...

What is money?
Money is a right to a certain exchange value. You work, exchange your time for money, so that later you can exchange your money for your needs. Therefore money is nothing else than the right to exchange your invested work in the future for your needs.

What is inflation?
Inflation is an expiration date on your invested work. Your invested work is getting expired, meaning that you can't exchange it to anything, or you can exchange it for less.

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