Profile for User: Arthur Segawa

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  • in reply to: MONEY #144260
    Arthur Segawa
    Participant

    2/2 From the article, I conclude that money can mean different things depending on your side of the aisle. In the West, it means papers (with the dollar as the supreme paper). But in the so-called Developing world, it’s what one has the value in their land, labor of the hands, and the products the land begets after utilizing it.

    Also, money is anything of value acceptable as a medium to obtain goods and services. It should be freely accepted. But we all know too well how western money is imposed on the developing world. And this pegging of currencies gives them value because we know its Afrika has value in its land and peoples. This YouTube might be relevant to the subject as well.

    Thank you.

    in reply to: MONEY #144255
    Arthur Segawa
    Participant

    Money. That’s a great topic. I think we look at money from a western perspective. To “them,” money is the paper that they loan out to the third world and get “real” value for it. So, we have the value they have the printed papers. I also believe you can’t talk about money and not about those who have it and the have-nots (or the so-called poor). But what is poor?
    I have this great story from a Ugandan lecturer, Prof. Innocent Masengo.
    https://www.quora.com/What-is-something-most-people-dont-know-about-Africa/answer/Innocent-Masengo?ch=15&oid=62688450&share=fc8638f5&target_type=answer

    in reply to: MONEY #144239
    Arthur Segawa
    Participant

    a

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