### Freeman's Three Laws of Money
1) Money only exists when it is in motion.
2) The total value of money owned, whether by an individual or a society, will always change at an exponential rate.
3) The number of specialized experts in a society is always proportional to the abundance of money in that society.
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I came up with these three laws recently as I have been refreshing my studies and going significantly in-depth on economic theory and the nature of money. I'd be curious to hear people's impression of it.
@General #Money #Economics #EconomicTheory #Investing
@Peyman_majidi
Not the rate of total money owned, but the rate of the **value** of total money owned.
This can take one of two forms, or a combination of each:
1) the total amount of dollars remains fixed but the value of the dollar is changing exponentially
2) the value of the dollar remains fixed but the quantity of dollars you have is changing exponentially...
Of course these can be combined such that neither are fixed and botha re changing exponentially... But the difference between this and simply saying the amount is fundemental and important.
My OP #1, adn #3 point talked about money generally, but best though of as "nominal money"... #2 as I just clarified in the above points is what we call "real money" and is a technical term, it is not represented simply by the number of dollars you ahve.
@General