why do people use money when gold is a perfectly good object of value to trade?

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People have traded gold for a really long time. With accurate measuring devices and the internet for variable prices, why do people use individual nations currencies and crypto which are often unstable?

In: Economics

11 Answers

Anonymous 0 Comments

Because humans multiply exponentially.
You will read things as “economy growth”. But that means more people in the same area, on the same resources. If populations were 0 growth (1 dies, 1 is born), money wouldn’t be needed

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