shutosha on Nostr: Money - from definition stand point - is what is controlled by monetary policy .. we ...
Money - from definition stand point - is what is controlled by monetary policy .. we can all make up our definitions:-) ..but that is what it really is ..
Ciggerates working as money in prison situation is a great example of bad money .. just the way gold was bad money prior to 1971 .. because if the unit of money has an inherent value , than it starts acting like assets .. which then rattles the entire system .. you sure don't want to run global economy on cigrettes :-) just joking
An asset, by definition, is something that attracts capital gains tax .. real estate , stocks , bitcoin .. each asset class may attract different tax slabs at different locations or different times .. that depends on national priorities ..
No one calls and asset MONEY ... I don't go around telling people that my home is money .. Money is currency - dollar bills ..
Ciggerates working as money in prison situation is a great example of bad money .. just the way gold was bad money prior to 1971 .. because if the unit of money has an inherent value , than it starts acting like assets .. which then rattles the entire system .. you sure don't want to run global economy on cigrettes :-) just joking
An asset, by definition, is something that attracts capital gains tax .. real estate , stocks , bitcoin .. each asset class may attract different tax slabs at different locations or different times .. that depends on national priorities ..
No one calls and asset MONEY ... I don't go around telling people that my home is money .. Money is currency - dollar bills ..