34990Y8 Even non-smoking prisoners have been .....
Q&@
WILLING
TO ACCEPT CIGARETTES IN PAYMENT,
AND TO CALCULATE THE VALUE OF ALL OTHER GOODS AND SERVICES IN CIGARETTES.
One Auschwitz survivor described the cigarette currency used in the camp: "WE HAD OUR OWN CURRENCY,
WHOSE VALUE NO ONE QUESTIONED: the cigarette. The price of every article was stated in cigarettes ......
In "NORMAL" times, that is, when the candidates to the gas chambers were coming in at a regular pace, a loaf
of bread cost 12 cigarettes; a 300-gram package of margarine, 30; a watch, 80 to 200; a liter of alcohol, 400!'
In fact, even today coins & banknotes are a rare form of money?! The sum total of money in the world is about
$60 trillion, yet the sum total of money in the world of coins & banknotes is less than $6 trillion! More than 90%
of all money - more than $50 trillion appearing in our accounts - exists only on computer servers. Accordingly,
most business transactions are executed by moving electronic data from one computer file to another, without
any exchange of physical cash. Only a criminal buys a house, for example, by handing over a suitcase full of
banknotes? As long a people are willing to trade goods & services in exchange for electronic data, it's even
better than shiny coins & crisp banknotes - lighter, less bulky, and easier to keep track of?!! For complex
commercial systems to function, some kind of money is indispensable. A shoemaker in a money economy needs
to know only the prices charged for various kinds of shoes - there is no need to memorise the exchange rates
between shoes & apples or goats. Money also frees apple experts from the need to search out apple-craving
shoemakers, because everyone always wants money. This is perhaps its most basic quality. Everyone always
wants money because everyone else also always wants money, which means you can exchange money for
whatever you want or need. The shoemaker will always be happy to take your money, because no matter what
he really really wants - Apple's, Goats or a Divorce - he can get it in exchange for money...
TO ACCEPT CIGARETTES IN PAYMENT,
AND TO CALCULATE THE VALUE OF ALL OTHER GOODS AND SERVICES IN CIGARETTES.
One Auschwitz survivor described the cigarette currency used in the camp: "WE HAD OUR OWN CURRENCY,
WHOSE VALUE NO ONE QUESTIONED: the cigarette. The price of every article was stated in cigarettes ......
In "NORMAL" times, that is, when the candidates to the gas chambers were coming in at a regular pace, a loaf
of bread cost 12 cigarettes; a 300-gram package of margarine, 30; a watch, 80 to 200; a liter of alcohol, 400!'
In fact, even today coins & banknotes are a rare form of money?! The sum total of money in the world is about
$60 trillion, yet the sum total of money in the world of coins & banknotes is less than $6 trillion! More than 90%
of all money - more than $50 trillion appearing in our accounts - exists only on computer servers. Accordingly,
most business transactions are executed by moving electronic data from one computer file to another, without
any exchange of physical cash. Only a criminal buys a house, for example, by handing over a suitcase full of
banknotes? As long a people are willing to trade goods & services in exchange for electronic data, it's even
better than shiny coins & crisp banknotes - lighter, less bulky, and easier to keep track of?!! For complex
commercial systems to function, some kind of money is indispensable. A shoemaker in a money economy needs
to know only the prices charged for various kinds of shoes - there is no need to memorise the exchange rates
between shoes & apples or goats. Money also frees apple experts from the need to search out apple-craving
shoemakers, because everyone always wants money. This is perhaps its most basic quality. Everyone always
wants money because everyone else also always wants money, which means you can exchange money for
whatever you want or need. The shoemaker will always be happy to take your money, because no matter what
he really really wants - Apple's, Goats or a Divorce - he can get it in exchange for money...
30 jun 2019 - bewerkt op 02 jul 2019
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