Goods have to be produced.
Bread doesn't jump onto your plate. Someone has to plant, water, harvest, grind and bake it for the bread to exist.
Since our wants are endless, and our time and energy limited, there will always be some wants that are not satisfied. In other words, scarcity.
Money is the comodity with the highest exchange value. So it is very real. The fact that current the currents money exchange value is created by government fiat doesn't make it any less real.
@kpeace Q. Is money a useful way in a post scarcity world to be the medium of exchange for lifes needs and pleasures?
If ALL goods are abundant and you can obtain with zero effort anything you can dream of, then there is no need for trade and therefore no need for any commodity with a high exchange value.
But that is a fantasy that I don't think can happen. Since our imagination and therefore our wants, have no limit
Gifting is common, especially to loved ones. It doesn't really scale up.
I have read your post several times. I have no questions about it. I am simply stating that you are wrong in thinking that we live in a post scarcity world or that money is not real.
Please, explain how we live in a post scarcity world if everything we consume needs someone's time to produce it and time is a limited resource?
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