What is money,..
The Indian currency notes read:
"I promise to pay the bearer, the sum of xxx Rs."
What does this statement really mean?
It means.,. you promise to get goods/services worth those xxx Rs.
This currency note tells that the bearer has worked and has contributed to the society worth the amount and thus it's now a duty of the society to pay him back for his needs and hence promises to "pay the bearer" with goods and/or services worth xxx Rs. It guarantees the same amount of services to the bearer as those he/she has already contributed to the society.
This concept baffles me a little,..
The question is,..
Am I oblidged to get goods/ services for what my parents contributed? Especially, if they're no longer alive?
Is it possible for a human to contribute so much in his life time, that generations are oblidged to get services for what the forefathers have contributed?
And most of all, what do we contribute by owning a piece of land? First of all, can a human actually OWN a piece of land?
Why are we promised services for such frivolity?
And if I have more money than someone else,.. does it really mean my contribution is more than others?
Can I contribute multiple - 10x, 100x, 1000x of what others have?
Is it possible for someone to use the same 24 hours in a much more valuable way?
Is mental labor more valuable than physical? Or vice-versa?
My own puzzling delusions,....
Small correction, The sentence "I promise to pay the bearer, the sum of xxx Rs." is signed by the Governor of RBI. All it means is that the value of the piece of paper is xxx Rs and the RBI owes the bearer so much money in return for this piece of paper.
ReplyDeleteI don't believe there is so much philosophy behind this simple sentence.
:)
DeleteOkay,... but what is that "money" that RBI owes to the bearer of that piece of paper? What is it that RBI will give in return?
Even if the sentence doesn't directly mean it, the truth is money was invented as a medium of exchange after barter system in order to ensure that the bearer of "money" could get things of exact same value as those he possesses/ worked for. But we have given so much importance to this "medium of exchange" now, that the true meaning has been lost.
Anyways,. these are just random thoughts that came to me when I read the sentence.
People should value resources more than money. The issue here that the entire social community has an obligation to work and get papers for something or other. Now one can not stay out of this cycle but one can atleast respect resources on par with money :)
ReplyDeleteIf we see at a very broad perspective government is the body keeping money alive, the moment anarchy creeps in there is no more currency. Then we will be back to basics of food clothing and shelter