The illusion or perception of value in the money system:

1. Fiat Money: Fiat money is money that is not backed by a physical commodity, such as gold or silver. Its value is based on the trust that people have in the government or central bank that issued it. If people lose faith in the currency, its value can plummet. This is because fiat money is essentially a promise to pay, and if people don't believe that the promise will be honored, the money will become worthless.

2. Fractional Reserve Banking: Fractional reserve banking is a system in which banks only keep a fraction of the deposits they receive on hand. The rest of the deposits are lent out to borrowers. This means that the total amount of money in circulation is much greater than the amount of physical currency that exists. This can create an illusion of wealth, as people may believe that they have more money than they actually do.

3. Central Banking and Monetary Policy: Central banks are responsible for managing the money supply and setting interest rates. These actions can have a significant impact on the economy, but they are often complex and difficult to understand. This can create an illusion of control, as people may believe that central banks have more power than they actually do.

4.Debt: Debt is a liability that represents a future obligation to pay money. The global economy is heavily indebted, and this debt can create an illusion of prosperity. This is because debt can be used to finance investment and economic growth. However, if debt becomes too large, it can lead to financial instability and economic collapse.

5. Financial Instruments: Financial instruments are contracts that can be used to manage risk or speculate on the future value of assets. These instruments can be very complex and difficult to understand, which can create an illusion of wealth. This is because people may believe that they are more wealthy than they actually are because they own financial instruments that are worth a lot of money on paper. However, the value of these instruments can fluctuate wildly, and they can quickly become worthless if the underlying assets lose value.

6. The Role of Gold: Gold has historically been used as a store of value and a medium of exchange. This is because gold is a scarce resource that is difficult to counterfeit. However, gold is no longer used as a currency in most countries. Today, gold is seen as a more "real" form of wealth than fiat money, which is often seen as an illusion.

7. Digital and Cryptocurrencies: Digital and cryptocurrencies are a new form of money that is based on cryptography. These currencies are not issued by governments or central banks, and they are not backed by any physical assets. Their value is based on the trust that people have in the technology and the underlying network. This can create an illusion of value, as people may believe that these currencies are more secure and reliable than fiat money. However, digital and cryptocurrencies are still a relatively new phenomenon, and their long-term value is uncertain.

8. Invisible Hands: The invisible hand is a metaphor that is used to describe the self-regulating nature of markets. The idea is that markets will naturally reach equilibrium if individuals are free to make their own decisions in their own self-interest. This can create an illusion of efficiency, as people may believe that markets will always produce the best possible outcome. However, the invisible hand can be disrupted by external factors, such as government intervention or market failures.

9. Wealth Inequality: Wealth inequality is the gap between the rich and the poor. This gap has been growing in recent decades, and it can create an illusion of prosperity. This is because the wealthy often display their wealth in ways that are visible to others. This can make people believe that everyone is wealthy, when in reality, the majority of people are struggling to make ends meet.

10. The Power of Belief: The global money system is based on collective belief. This shared illusion is what keeps economies running. When belief in the system falters, as in cases of hyperinflation or economic crises, the illusion can rapidly unravel.

In essence, the global money system is a complex web of interconnected beliefs. As long as the majority of people believe in the system, it will function. However, if trust is eroded, the system can quickly collapse