"Money causes more harm than goods". Express your view wither for or against this statement.

We usually notice in the society that money causes more harm than goods. Here are a few disadvantages of money:

• A great disadvantage of money is that its value does not remain constant which creates instability in the economy. Too much of money reduces its value and causes inflation.
• Money creates and widens the inequalities in the distribution of income and wealth. It widens the gap between two castes and classes.
• The use of money leads to the concentration of wealth in a few hands and this gives rise to monopolies resulting in the exploitation of the workers, bringing misery and degradation to them.
• In the materialistic world, people give undue importance to money and, instead of utilising in productive activities, may start hoarding.
• Money, due to storability characteristic, is the cause of the evil of black money. It provides people a convenient way to evade taxes by concealing their income. This leads to black marketing.

Today people have become so money-minded that they openly indulge in corrupt practices to satisfy their greed for money. Money is the main reason to moral degradation in present day’s society. Money is also the root cause of thefts, murders, frauds and other social evils.