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How is credit measured? Using money? In dollars and cents?

How much credit does someone have? Or, how much have they earned?

Credit is like "promises owed".

MeasuringTime can be measured. Distance can be measured. Mass can be measured. Credit can be measured ( Read more... )

What is money ( Read more... )

Inventing a New Economic Future using Local Currencies
One of the major problems with money is that it is used to motivate unethical, dangerous, or damaging actions ( Read more... )

On July 3rd, 2008 I entered into a long position on crude oil futures. At the time, the future for December 2012 sweet, light crude oil was priced at $141.25. A few days later, the price of oil began to fall. For the past five months, I've been holding on to this position, believing that oil is definitely worth much more than $141.25 per barrel ( Read more... )