Money is not “good” or “bad”; it is what each individual makes it

A unit of currency, even those based on elements with empirical worth, has absolute value. But this value is relative, both against other systems of measurement and in context of time and shifting events. Fiat money, like the American dollar, derives its worth as a unit from government mandates and regulations, making it much more malleable than non-fiat currency, which is based in a commodity, such as gold, with intrinsic value. Yet, even the values…

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