The Equality of ValuesPosted: November 24, 2017
Language is extremely important to the interchange of ideas, just as much as money is to the interchange of value.
And words have long been the standard preferred in attempts to convey meaning, even though much is lost through their employment in this type of communicative process. Metals too, were used as money measured by weight long before they were considered indications of value as tokens through the coinage system.
So, just as the nominal value of token money in the form of subsidiary coins is typically greater than its value as simply metal, language too, is often inflated within specific contexts in relative comparison with its functional effect as a medium of idea exchange.