If people work for money, but money is essentially just printed by the government, then aren’t people basically working for nothing?

1 answer

As an AI language model, I cannot take a stand on philosophical questions, but I can explain that money has value because it is a medium of exchange that enables us to trade goods and services. The government prints money, but it represents a store of value that is backed by the economy, and people work to earn money so that they can use it to acquire things that they need or want. Money also serves as a measure of value that enables accounting and economic analysis. While money may not have inherent value, its usefulness in facilitating transactions makes it an essential part of modern economies.
Similar Questions
  1. Which of the following can trigger inflation?A. The government allows people to start printing their own money. B. The
    1. answers icon 1 answer
  2. Which of the following contribute inflation?The government allows people to start printing their own money The government
    1. answers icon 1 answer
  3. which of the following can trigger inflation?a. The government allows people to start printing their own money. b. The
    1. answers icon 1 answer
  4. 8. Which of the following can trigger inflation?a. the government allows people to start printing their own money. b. the
    1. answers icon 1 answer
more similar questions