money · economic
Ask Prometheusa resource that is a property of price and work
Money (noun) means: a resource that is a property of price and work. It emerges from resource, property, work, price: resource material and work effort are added to create a property of price that is typically used in buying. In the EmergenceLexicon it sits at computed level 16, chaining down to the four foundations (space, time, energy, pattern).
Examples
- The US Federal Reserve issued $2.3 trillion in new money during the 2020 economic response. economics
- Bitcoin miners in Kazakhstan consumed 15 terawatt-hours of electricity in 2022 to secure block rewards. computing
- The East India Company paid London dockworkers in silver rupees for unloading tea from Canton in 1783. institutions
Emergence
through: resource material and work effort are added to create a property of price that is typically used in buying.
- medium of exchange
- measurable value
- purchasing power
Chain to foundations
full chain as text (221 steps)
- moneyL16
- resourceL15
- parameterL4
- windowL7
- boundaryL2
- driftL11
- maintenanceL14
- matterL1
- differenceL1
- systemL5
- setsL3
- partL1
- structureL2
- interactionL2
- substanceL12
- fallL3
- propertyL3
- stateL2
- differenceL1
- workL3
- priceL8
- resourceL15
Neighborhood
Concepts that depend on this one above; what it is built from below.
Used by (20)
capitalL17cashL17casinoL17economicL17financeL17financialL17fundL17incomeL17investmentL17paymentL17purchaseL17sellL17tradeL17loanL18marketL19sponsoredL19taxL19bankL20pokerL21goldL24
Relations
| is-a | resource.material | is-a |
| medium-for | price.economic | medium for exchange |