Mudcat Café message #3042971 The Mudcat Café TM
Thread #133907   Message #3042971
Posted By: Amos
29-Nov-10 - 02:41 PM
Thread Name: BS: Who has all The Money?
Subject: RE: BS: Who has all The Money?
Geeze Little Hack, you need to get real here. If you have 100,000 euros in a credit account you can write checks on it and get people to do work for you in exchange; they have enough confidence in it to accept it as exchange. Nothing unreal about it. Money is just an idea that is backed with confidence whether it is gold, seashells, or electronic switches in motion.