I have a store. People buy food from my store and I use that money to buy food from farmers. Ever since everybody started receiving an equal share of any new money created, farmers have been less interested in selling food to me. After all, they already have plenty of money.
That's great. I also have plenty of money, and there are plenty of wealthy, starving people who would like to give me money. But I just haven't been able to figure out what I could possibly offer the farmers to get them to go out into their fields and do farming. They say they "need" fertilizer. What the heck do I know about fertilizer? If there were something of universal value that I could give to the farmers, they could use it to go buy fertilizer. We used to have something for that. It was called money.
That's great. I also have plenty of money, and there are plenty of wealthy, starving people who would like to give me money. But I just haven't been able to figure out what I could possibly offer the farmers to get them to go out into their fields and do farming. They say they "need" fertilizer. What the heck do I know about fertilizer? If there were something of universal value that I could give to the farmers, they could use it to go buy fertilizer. We used to have something for that. It was called money.