[Talking of Standard & Poor’s downgrade of Portugal,] I had this thought the other day while reading Žižek and it was kind of breath-taking.
If you really think about money the world seems quite magical. There’s this pure symbol, backed by nothing but our faith in its hold over other people, that makes everything go around. It’s like the combination of the most ideal and the most material.
Money is completely made-up. And yet it controls everything.