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Money - It's Not What You Think

Many of us are confused as to value, the convenience of money O not long ago, GOLD was the real money, today "feelings" hold sway No paper is wealth, except if it allows for BARTER (Covid-19 has a say!) Every freshman ought to know: money are notes (promissory) Your reputation backs money: see "credit" dry up when U don't pay! NOTE: If you pay attention, or if U did with the rise of PRC. China, since the 1980s, it was a decision made by the G8 nations, that allowed "communist China" to try selling goods to the world at huge profits. Now that a new Cold War exists between Trump's US & the Comrade Capitalists in China, the so-called wealth of China-PRC, will diminish significantly. Politics makes "money for us."

Copyright © | Year Posted 2020




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Date: 5/21/2020 8:45:00 AM
During the Second World War, Germany’s currency became worthless. Children played with stacks of money in the streets. It is ironic that the thing people trade their lives for, ultimately has such little value.
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Book: Reflection on the Important Things