Author Topic: Money Culture  (Read 253 times)

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Offline Michael Hardner

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Re: Money Culture
« on: July 15, 2017, 04:37:55 pm »
True, tangible in the literal sense of the word, was not the correct word to use. 

There's no incorrect here... I just want to explore ideas not debate or conflict.  Any chiding is done with the clink of a glass.

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What I meant by tangible was in context of what you said earlier for accounting vs. math where the former is perceivable (how I used tangible) and the latter, like pi, which is abstract.

Oh I see what you mean.  Well, you're taking this in a weird direction but I like it: when money becomes virtual I will definitely be able to charge you .1 cents for something, or .01 cents.  Why not pi cents ?

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Money has been virtual for quite some time now in the digital age, but I was arguing that it will always be measured in a way that is perceivable:  rounded to the nearest whole number, or at the maximum, 2 decimal places. 
  Even then... the more money there is the easier it will be to lose pennies... which is the end of a number system that is "real".  (That's a math term too)

But will it be real ?


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The marketable securities of any given entity, be they a person, a bank, or a country, will always be measured using the accounting method and I can't perceive a future where money ever becomes abstract in the mathematical sense.

What about activity based costing ?  Ever use that ?

I actually agree with you but I am testing your theory.