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There really isn’t anything called money

December 2, 2010

But these guys think there is.

As soon as they realize money is a way to keep score and not be an eternal store of value, the world will be a much better place.

Of course this is a circular relationship.  The only reason money has value is that it can do something that gold cannot do: extinguish tax liabilities.  This money will retain its value as long as it can extinguish tax liabilities.

My next business: Take the value out of a sunset, put it in a jar, and use it as a medium of exchange for business transactions.

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