The Money is the Message

Distorting the cost of money messes up all economic and social communication. But it also conveys an important truth.

 
The global economy is a biological system, and money is its nervous system. This is more than a mere analogy. Money is not just important; it is a system that conveys complex information that enables billions of actors to do what the world needs them to do in order to get what they want from the world.

As I wrote in Visible Capital, “At their core, economics and biology are the same science. And the actions observed by economists are, in essence, biological processes — organisms interacting selfishly with their environment in order to survive.” Money helps coordinate the actions of these organisms. It has always done so, but more forcefully and efficiently over the past few hundred years.

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Πηγή: drorpoleg.com