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A. Refer to the following quote: Money is not real. It is a conscious agreement on measuring value. -- John Ralston Saul Do you agree

A. Refer to the following quote:

"Money is not real. It is a conscious agreement on measuring value." -- John Ralston Saul

Do you agree or disagree with the statement by JR Saul? Post your thoughts.

B. Internet search of the famous words "irrational exuberance" and read a few articles. Post links to the articles and provide additional input. Here are a couple of questions to guide the discussion:

  1. What do you think Greenspan meant by the term "irrational exuberance"?
  2. Are/were the markets irrational?

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