Money as system trust creates equivalent-certainty and reduces information needs.
Evidence
Whenever such trust in money is institutionalized, and, generally speaking, sustained, a sort of equivalent-certainty is created. Anyone who has money has at his disposal a generalized means of solving problems and within that context is able to do without anticipating specific problem situations. Liquidity reduces the need for information. — Niklas Luhmann, Trust and Power, 212
Categorization
- DEFINE: Introduces ‘equivalent-certainty’ — generalized problem-solving capacity that lets the actor skip specific anticipation.
- XREF: connects to: Knowledge under computerization would circulate like money, split into payment and investment categories — Jean-François Lyotard, The Postmodern Condition: A Report on…, 118