Sometimes you can create an institutional fact out of thin air without any physical X term—most money has no physical existence; money in a bank account is purely representational, existing only as magnetic traces on computer disks in the bank's systems

factualpending

Speaker

John Searle

Evidence Quote

most money has no physical existence at all there is no x that counts as a twenty dollar uh bill in my bank account

Source

The Logical Structure of Human Civilization (John Searle)Philosophy Overdose
Created: 8/12/2026, 6:18:37 PM

My Notes

Loading notes...