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money puts a value on objects that people want, without money there would be no way of determining the value of an object. It is just a standerdized form of trading, back in the day, somone might trade, 5 loafs of bread for 2 fish. What money does is determine how much that fish, or loaf of bread is worth so that you can just trade money for that bread if you dont have another object to trade. It is true that the paper its self is worthless, but its all about what that paper represents that gives it value.
that might be confusing sorry.
The money amount being passed around today is the equvelent to the amount of gold and silver in the US. SO for every brick of gold, XXX amount of bills are made to equal the brick. its alot easier than carryin bricks of gold around and tryin to get change.
Everyone is "in debt" because people decided to stop using the gold standard, and now they print money that really has no value... the central bank will print money and sell it to the government with interest... so every dollar printed is actually $1 plus whatever % interest. At least thats how shit goes down in America now.
Or do you just not understand how foreign exchange markets work?
