All organisms rely on exchange. They form symbiotic partnerships in order to obtain the energy that they need to survive. Energy is the currency of nature.
Kabir SehgalI don't think money can be understood through a lens limited to economics. And most books about money tell you the history of money, the instrument. But money is also an idea, one that we exchange to survive.
Kabir SehgalWe are privileged that the dollar is the "currency of last resort" and the most important currency in the world. Global commodities are priced in dollars. Central banks in other countries hold great quantities of dollars. The dollar was the safe harbor, the port in the storm during the credit crisis.
Kabir SehgalIn essence, money gives us the calories we need to survive. Over time, we became aware that exchange and cooperation increase our chances for survival. Eventually we create tools to facilitate trade. One of these tools is called money.
Kabir Sehgal