Money is very much 'owned'. The government 'owns' a lot of money for instance, and it has tricks up its sleeves like releasing cash into the market to readjust inflation rates and what not.
Money is not just money. There's a whole fucking market behind it.
There is a "whole fucking market behind it". Vegas hookers to be exact.
All joking aside, there is a huge economic/financial impact on the control of actual money entering and leaving the market. It's called Monetary Supply and the Fed controls it very well (to keep inflation etc away). Intermediaries and Markets was by far the most difficult Finance class I took in getting my degree (probably because Dr. Stanhouse is a leader in the nation in studying this topic, he's at OU from Notre Dame I believe).
Who gets to own money in the future? (Score:1)
Isn't wide circulation the point of money? Or do you mean "who gets to circulate money?
Re:Who gets to own money in the future? (Score:3, Insightful)
Money is not just money. There's a whole fucking market behind it.
This guy is right. (Score:2)
All joking aside, there is a huge economic/financial impact on the control of actual money entering and leaving the market. It's called Monetary Supply and the Fed controls it very well (to keep inflation etc away). Intermediaries and Markets was by far the most difficult Finance class I took in getting my degree (probably because Dr. Stanhouse is a leader in the nation in studying this topic, he's at OU from Notre Dame I believe).