Citation-Redbird1123

Richard Davies’ article in the New York Times, “The Fiction That Makes the World Go Round,” sees money as a way to make a person seem like they have money and then giving a person after gaining their trust, “an i.o.u. printed on cheap material that promises the holder nothing but more paper money.” Money is just information. Somebody came up with the idea to make a piece of paper worth something and to trade in and use in a every day life, at the end of the day it’s just cheap material that people just put a price on it . Davies states that the earliest records of money demonstrate how cultures transition from monetary systems with inherent value such as salt or coins made up of precious metal to paper money, this is valuable because it is a tool for exchanging commodities and services. This shows that money is fictional, the material slowly degrading itself over time and yet our imagination still stays the same. That money determines social standing and what people talk about

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