Chapter 10

On page 230, Wheelan talks about how in India, the people don't accept crumpled up notes, but not because the banks and tellers won't accept the torn or crumpled notes, but because the people around them won't accept them.  This goes to show how we as individuals have such a heavy effect on the things around us. Because the people don't accept the crumpled notes, we don't want them ourselves even though at the banks level they are accepted. If the bank accepts them then we should see the trade as perfectly accurate and ok but because the people see an issue with it, the completely discard the currency and to them they decide it isn't worth anything. When it is.  This also backs up the argument that money is faith... If we want to pay with bills because we say bills equal money, then bills equal money, it people say that rocks hold value, then rocks hold value and worth, and if people say that crumpled up notes don't count for anything, then to the people, crumpled up bills do not count for anything.