All people use money. Mostly without considering what money is and who it advantages. It is merely an impression and is utilized for scams.
Almost all people today use the cash to exchange products or services. For example, a producer of devices provides his employees money for his work. He can use the cash to purchase bread from the baker. The baker takes the cash to the butcher and gets sausage there. To produce the sausage, a maker is required, which the butcher purchases from the maker. Thus the circle of money is closed.
But eventually, every purchase stays a barter deal: the purchaser provides an amount of money to the seller and gets something in return. Both purchaser and seller do not require to finish the exchange of the item or service. Therefore, every exchange just happens when the purchaser and seller concur. Or put another method: An exchange for money happens when both think the exchange is reasonable. So both purchaser and seller should think in the worth of money.
The just worth of money is this belief. If the baker does not think in the worth of money, he might not offer bread to the employee. Or he might not get a sausage from the butcher for the cash.
Money itself includes entirely useless colored paper or round sheet metal or numbers in a computer system. Neither the paper nor the sheet metal can be utilized in any other method, and the numbers in the computer system can be altered.
Many people think that money is protected by gold or other things. But gold is likewise practically useless: it is a soft metal that can barely be utilized smartly. Its worth consists generally in the truth that all people think it is quite or unusual. Another belief …
Money loses its worth the minute people no longer think in its worth. Presumably, the baker no longer provides bread to the employee in exchange for money if he no longer thinks he will get sausage in return.
If all people lose their belief in the worth of money at the same time, it isn’t useful. All cost savings are gone. Insurance business might still pay money — however that would be meaningless. Pensions would then likewise be void.
Accordingly, money is just an impression.
Money is frequently misused: Bankers provide money at interest or charge costs for its motion. Traders purchase products and services at a lower cost than they resell them for. The state takes a few of the cash (in the kind of so-called “taxes”) practically whenever it is handed down. Manufacturers and company charge excessive money for insufficient in go back to earn a profit. Employers offer too little a part of their earnings to their employees to prosper themselves. And normal people are likewise continuously attempting to get products even more affordable to have more money left.
But the most significant rip-off remains in the production of money. Someone has the capability to produce money without providing anything in return.
In most nations, the state has a monopoly on producing brand-new money. Accordingly, in these nations, the rulers can constantly print extra money on any scale and use it to spend for products or services. They frequently do this to increase their own power. Or they offer presents to the people to keep them certified and hence reinforce their power.
But when extra money is printed, the amount of the equivalent of the cash (products) does not increase. So a bigger amount of money is matched by the very same amount of equivalent worth. Theoretically, this reduces the worth of the money that existed prior to. Or, to put it another method: by printing extra money, all previous owners of the cash are taken from without discovering it.
Banks likewise acquire a benefit: they provide out more money than they formerly got from financiers. This works out up until all financiers desire their cash back at the very same time. When that takes place, the bank is broke, and the financiers no longer get their cash back.
Accordingly, it is not unexpected that the quantity of money in each state keeps increasing. The states and banks do what the people desire: they get a great deal of money. However, for the mass of people, this is — if at all — just a short-term enjoyment since smart people keep taking their money far from them. Today, less than 100 people own more money than the poorest half of all people created.
In the past, the cash supply kept growing in all states up until, at some time, the states or the cash collapsed, and it ended up being useless within a brief time. This constantly occurred when people despaired in the state or money. There is no factor whatsoever why this needs to be various in the future. In 2008, the leaders and financial guardians of the Western world worried that this is precisely what might take place worldwide in the short-term.
After the cash of the past had actually ended up being useless, the anger of the people was constantly terrific. It was then directed versus those who had actually guaranteed them the worth of money: the particular state rulers. At such minutes, they might no longer hang on to power and normally lost all their belongings and even their lives. Of course, today’s rulers wish to avoid this. To do so, they are continuously developing brand-new techniques around money so that the impression of money is not exposed.
But without continuously developing brand-new techniques and lies, money cannot operate because, on the one hand, it is an impression, however on the other hand, people prosper and effective by utilizing it. This power and wealth should originate from someplace. They originated from the truth that many people are made use of and taken from without recognizing it.
So this impression money is utilized by people to enhance themselves personally. This makes it a tool for scams. Probably the most reliable tool utilized to defraud.
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