Your Money
Currency isn’t really money? What is money? Sure youâll say thatâs a no-brain’er, itâs whatâs in my wallet.
But thatâs not the real definition of what money actually is.
Donât take this so lightly, because we spend most of our lifeâs working and earning what we think is money, but we are actually deceived. And I will prove it here!
True Definition of Money
Money has to have these qualities or properties.
- Portable, If must be Portable easy to carry
- Durable, able to take day to day wear and tear
- Divisible, able to made into divisible units
- Fungible, interchangeable
- A Store of Value, able to carry value into the future
So as you can see real money has specific qualitiesâ
We shall examine here weather what you are calling money actually is, or is it a deceiver?
We’ll need to take each of these functional properties and see if what you are calling money today is what it purports to be.
So what’s up with the Federal Reserve So Why do they hate Gold and Silver?
Simple answer, because they canât print it!
Our Time and Effort
We trade our time and our effort for this stuff called money so it’s important that it keep its value. That way when we intend to use it, the purchasing power will still available to us.
Has anyone taught you about the rule of 72? What that is when you divide any interest rate into the number 72 it will tell you how long it will take for your currency to double.
Now think about it who is receiving any real interest on their savings today?
This video explains modern money creation.