I disagree with the assertion that money isn't supposed to sit idle. Money is to "useful work" as a battery is to a generator, it stores past effort for future use. That's why historically, metals like silver or gold were used for money, and not say, pieces of animal pelts, because of metal's durability and relative scarcity, preserving the value of work over time.
I disagree with the assertion that money isn't supposed to sit idle. Money is to "useful work" as a battery is to a generator, it stores past effort for future use. That's why historically, metals like silver or gold were used for money, and not say, pieces of animal pelts, because of metal's durability and relative scarcity, preserving the value of work over time.