alt Hacker NewsIt sounds like you're suggesting a barter economy. It works like this:
1. Bob grows oranges, and wants shoes
2. Ted hunts for meat, and wants oranges
3. Sam makes shoes, and wants meat
The only way this can work is to have a 3-way transaction. But with a money system, the money is traded without needing a 3-way transaction. It's much more efficient.
Not really, I am not saying to remove moneys entirely and use assets trading only, but the money printed or valued should be based on tangible assets, actual cost, not some made up speculation. As I mentioned above, a house that cost 100k to build and handover should never exceed that value plus profit markup, the older it gets, the cheaper it should be, just like any other assets and like how japan did it to solve the greedy banks/landlords. But obviously such thing needs to be done in an authoritarian manner as in normal democracy it will never be voted for, since most voters are owners. Other examples apply too on why things are waay over inflated for what they worth, including stocks.