Invention Of Money – Evan Horner

Posted on January 18, 2012 by horner53

The Story of Yap is one that made me think a lot about the way we as americans also exchange currency. Some people might say that the idea of carrying  big rock around and exchanging it as a form of money is irrational saying it’s just a rock what sort of backing or worth does a rock have. Well if you look at our money its the same concept it’s just a colorful piece of paper. The US dollar bill is exactly that and nothing else a dollar bill with no physical representation behind it just the idea of wealth. So in the end I guess what im trying to say is our money is the same as the fei we were just smart enough to make it pocket-sized.

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3 Responses to Invention Of Money – Evan Horner

  1. davidbdale's avatar davidbdale says:
    January 18, 2012 at 6:41 pm

    Evan, I will come back to comment on your post after you have removed all instances of unacceptable “textspeak,” including the lower case i to mean the first person singular, and the uses of u to mean you, among others. You might also read the posts of your classmates and my comments to them, to better understand how very critical I can be, and how demanding. I’ll erase these comments if you wish, in return for a much more appropriate post from you.

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  2. davidbdale's avatar davidbdale says:
    January 20, 2012 at 9:13 pm

    Evan, I appreciate your joke about pocket-sized money. Besides that, there’s not much else going on here, just a general claim that somehow money is irrational and lacks “backing.” I doubt anyone reading your comment without first knowing the story of Yap would have any idea what you think is so odd about money. I’ll be giving everyone a chance to rewrite these first assignments. You may want to consider a second effort.

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