The Role of Money and Banks in the World
Money Fulfils Individual Aspirations
People dream of doing wonderful things with their lives; they want to go to college; they want to care for pets and start families; they want to build businesses. These are the kinds of activities that give life meaning and allow people to flourish. Unfortunately, these goals do not just happen with a snap of the fingers. How is it that people buy simple goods and services, and how are transactions the hallmark of commercial interactions? How do people become college students when they are young, relatively inexperienced and unproductive, and with few assets? How is it that people pay for unexpected costs that arise when caring for pets and for loved ones? ...
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