“Money” is a vague idea. It’s defined as something that can be traded for goods and services, but everything can be. It’s just a question of how quickly, reliably, and consistently it can be done. Out of necessity, economists have given precise definitions of “money”. At least six of them.
Sort of? The sentence that immediately follows seems precise enough to me, and is the same idea (though different words) than the definition I had in mind. If someone jumps to, say, “root of all evil” or “shared fiction” instead of “trade,” that does seem informative about their blowhard-nature.
“Money” is a vague idea. It’s defined as something that can be traded for goods and services, but everything can be. It’s just a question of how quickly, reliably, and consistently it can be done. Out of necessity, economists have given precise definitions of “money”. At least six of them.
Sort of? The sentence that immediately follows seems precise enough to me, and is the same idea (though different words) than the definition I had in mind. If someone jumps to, say, “root of all evil” or “shared fiction” instead of “trade,” that does seem informative about their blowhard-nature.