"money" does not take care of any person or anything. Money is an imaginary construct. What does take care of every person is all those people doing work and generating things we need, using the natural resources.
Even 100 people can take care of themselves if they are on land that grows, without a single dollar or even the concept of dollar in existance.
Yes, money does not create wealth. However, I don't think that money is an imaginary construct. Money is the tool for co-operation (division of labor). It enables people to exchange goods and services efficiently.
Current system has created a corrupt form of money. The last real money was - and still is - gold (and silver).
Straight up bartering is not very efficient and money can make it much more efficient. You can ”barter” first with one person who gives you something that is widely valued, etc. silver. Then you can ”barter” with that silver with someone else. I don't think that honest use of money is sinful or harmful. The problem is human nature: greed, hunger for power, etc.
It's much like guns, imho. With the power of owning a gun (or money) comes a greater responsibility to use that power wisely. Guns are not the root of the problem, neither is the money itself. But the love of money is another matter.
Money itself doesn't control people's lives and living standard by itself. Scarcity (supply and demand) is how control is achieved. This is done through taxes, market manipulation, and controlled production.
Take countries that crazy unit exchange rates against the dollar, some of them are billionaires that only equate to thousands of dollars US. It's all about finacial control of which currency is simply a subset.
Get rid of the over lords and it'll fix most of the problems.
Someone once told me, that if you took all the money in the world and split it equally among everyone on the planet, within a month, the elites would have most of it back.
"money" does not take care of any person or anything. Money is an imaginary construct. What does take care of every person is all those people doing work and generating things we need, using the natural resources.
Even 100 people can take care of themselves if they are on land that grows, without a single dollar or even the concept of dollar in existance.
Yes, money does not create wealth. However, I don't think that money is an imaginary construct. Money is the tool for co-operation (division of labor). It enables people to exchange goods and services efficiently.
Current system has created a corrupt form of money. The last real money was - and still is - gold (and silver).
Money has no value if you have noting to buy with it.
Yes, that’s true in a sense. In practice, there’s always something to buy.
On the other hand, money itself needs to have value. Otherwise no-one would accept it as a payment.
Printing currency does not create it.
Agreed.
Message from the land of currency billionaires.
https://vimeo.com/3843927
Thank you for sharing this
Yes, love of money is the root of all evil.
Straight up bartering is not very efficient and money can make it much more efficient. You can ”barter” first with one person who gives you something that is widely valued, etc. silver. Then you can ”barter” with that silver with someone else. I don't think that honest use of money is sinful or harmful. The problem is human nature: greed, hunger for power, etc.
It's much like guns, imho. With the power of owning a gun (or money) comes a greater responsibility to use that power wisely. Guns are not the root of the problem, neither is the money itself. But the love of money is another matter.
Money itself doesn't control people's lives and living standard by itself. Scarcity (supply and demand) is how control is achieved. This is done through taxes, market manipulation, and controlled production.
Take countries that crazy unit exchange rates against the dollar, some of them are billionaires that only equate to thousands of dollars US. It's all about finacial control of which currency is simply a subset.
Get rid of the over lords and it'll fix most of the problems.
Someone once told me, that if you took all the money in the world and split it equally among everyone on the planet, within a month, the elites would have most of it back.
You spelled criminal wrong.
I think we should do that. Get all the money in a big pile and split it equally and then, when I have spent mine, we should repeat the process!
Global wealth at about 500 trillion divided by 9 billion would give everyone a chance to buy a new car! Keke
Wow. That's probably true. It's disgusting.
The most evil people we can imagine have LOTS of money and yet.. The words of Rev Ike have always given me pause:
"It is THE LACK of MONEY that is the root of all evil."
That's an interesting thought