Global Feed Post Login
Replying to Avatar Offmatrix

People believe this false premises based on the historic monopoly on money printing, and that there is only "one" legal mean of payment. People have a hard time wrapping their heads around the fundamental truth that "money" is just a simple mean of transaction/exchange, NOT a tool of power and control.

- Prices on Cars don't spiral endless out of control just because a model has a limited production. People just find another model.

- People don't put all their savings into rareearth metals just bacuse they are rare.

- If one crypto gets to bloated (or loose relevance) people will cashout (hopefully in time) and use another.

- You can never prevent people from putting all their savings into Tulips. That's the beauty of free choice.

Avatar
njelsalvador 7mo ago

I’m not sure it’s a simple means of exchange.

The part I think many people are missing. They think money is money. It’s not. There is a spectrum or a quality of money. Healthy and Junk money. Just like Health and Junk food.

Use healthy money and build healthy money habits. And become financially fit.

Exchange junk. Get junk. Become junk.

Reply to this note

Please Login to reply.

Discussion

Avatar
Offmatrix 7mo ago

You are absolutely right.

Thread collapsed