this post was submitted on 29 Apr 2024
141 points (89.8% liked)
Showerthoughts
29439 readers
405 users here now
A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. The best ones are thoughts that many people can relate to and they find something funny or interesting in regular stuff.
Rules
- All posts must be showerthoughts
- The entire showerthought must be in the title
- Posts must be original/unique
- Be good to others - no bigotry - including racism, sexism, ableism, homophobia, transphobia, or xenophobia
- Adhere to Lemmy's Code of Conduct
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
If the amount of money was small and finite, one person could hoard most of the entire supply of money, and because the rest of society can't use their currency as easily to trade, there's less value in the utility of it. The entire purpose of cash is that it's a universal store of value so that you don't have to trade goods for goods and instead trade cash for goods. Nobody would use cash if they can't ever have enough to purchase what they need in the increments they need.
Disclaimer: this is just my intuition; I am not an economist