MONEY IS ONLY PAPER.

I’m always curious how so many people put an emphasis on money. It’s only paper. The only real value it has is that of fuel for the fireplace. It is the faux middleman of economics.

What money represents does have value. Money, when it was based on precious metals could, theoretically be exchanged for a comparable value of the actual metals themselves. Gold and silver are crucial in the manufacture of many products. That is why they have value. Tobacco was used as currency for awhile. It was a product unto itself.

When someone says the rich have more money than their fair share, they point to money as valuable. Those same people rarely complain about the tangible items the rich own. Perhaps this is because the tangible items represent the money the rich have already spent and no longer have sitting in a bank somewhere. The fact is, the tangible items are the wealth. The bank balance is only potential wealth. It becomes wealth when it is spent. Those same complainers also represent potential wealth. They just have to get up off their butts and translate that potential into tangible wealth.  This couldn’t be simpler.

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