Money is a measure of economic activity or value. Money in its most basic form is just numbers given value. Money is the numbers used in accounting to track income and expenses and so represents the value of economic activity or equity creation. Money is an economic yardstick a measure of wealth or value. If you possess one hundred dollars then you have provided or possibly created a hundred units of value.

The problem with fiat money is that it is issued on the basis of debt. It is possible to make money by making money that is by using debt to make wealth. But wealth made in this way is a claim on the real wealth of the community, its assets. Third Earth issues money as a credit when real wealth is created.

For a fuller analysis on fiat money and economics read How Debt Destroys The Economy

 

 


What Is Money