Reply To: The actual value of money

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#1909
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Keymaster

Hi IIPSTEVE. Actually MMT gives us a clue. There are 1600 working hours a year, and there should be a minimum wage per hour. So Economic Science seems to be based on LABOUR ( maybe not how Marx meant) but without labour the whole economic system would not work. The companies selling goods and services need people to earn money to be able to buy the services.