Quote:
Originally posted by Nickless
That's correct, but what if you have skills/time to work but no money?
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You have to barter "something" for buying power unless you're given buying power for free (gift money or asset of value), loaned buying power (credit card, credit line), inherited buying power (money or assets), found buying power (money or assets on the street somewhere) or out right steal buying power (this is a stickup, fraud, etc). That's all money really is, it's a representation of buying power or better put, it IS the power to buy/barter/trade/etc. something.
In your example, you have to barter something in order to get buying power (unless one of the other scenarios took place). You could barter your skills/time for something other than money or for money. Most people barter their skills/time to an employer in exchange for money.
Exceptional people may barter someone elses skills/time to someone and earn a portion of the buying power or bartered item as a "brokers" fee commission. Either way you slice it and dice it, there has to be a trade of something.
When I say money, I mean it in a variable context. For some people, money is pieces of paper that you can buy things with at the grocery store for example. For others, money is Gold, Silver, Dollars, Lines of Credit, Stock, Bonds, Promissory notes, antiques and other assets.
Money is always a fascinating topic and never bores me because I LOVE money!
