Money is Not Real
Physical paper money does not even represent money in full. It cannot reasonably do that. By some estimates (and this varies from nation to nation), only as little as 4% of the money in the banks exists as paper cash. Imagine how much cotton, linen, pulp, and metal the world would need so as to make all the money everyone has in his or her bank accounts. Imagine how much space it would take to store all this money in paper form. If you were to stack only one million US$1 bills, it would weigh one ton and be 361 ft high. Neither does money exist as gold reserves any more. This is for exactly the same reason - we ran out of the reasonable ability to keep a gold standard in the 1970s.
So what does it exist as, the money that we are always talking about? Well, it is one massive illusion. It is all just numbers written on paper and computer storage devices, and assigned to people and entities such as companies and investments, or more accurately, further records! To put it in another way, for every $100 or its equivalent in any other currency, only about $4 exists as printed-paper notes or coins, while the remaining $96 exists as numbers written on papers and computers in banks and businesses and other entities. The only reason this system does not collapse is that we all believe in it. The last time people stopped believing in it in a large enough extent was just before the Depression when large numbers of people rushed to their banks to withdraw their money and found that they could not all get it. This is not what caused the Great Depression, but it in a large way accelerated it.
So, money is not real - something else is. Money is just the shadow of that other something. The first step to wealth is to know what money really is, or more accurately, what it represents. It is very rare in a day that you should ever look at money as you know it today - the cash, the bank accounts, the costs, etc. This is merely the shadow and not the real thing. Looking at the shadow, the physical money,is most of the time very unwise and unhealthy for you and your finances.
Look, instead, at the value within you and within people, and the flowing and exchanging of this value between people. Our internal value, is what creates money. Money is the shadow of our internal value. Develop this internal value in yourself and in others and your external money and wealth will correspondingly rise automatically, without fail.
David Cameron
So what does it exist as, the money that we are always talking about? Well, it is one massive illusion. It is all just numbers written on paper and computer storage devices, and assigned to people and entities such as companies and investments, or more accurately, further records! To put it in another way, for every $100 or its equivalent in any other currency, only about $4 exists as printed-paper notes or coins, while the remaining $96 exists as numbers written on papers and computers in banks and businesses and other entities. The only reason this system does not collapse is that we all believe in it. The last time people stopped believing in it in a large enough extent was just before the Depression when large numbers of people rushed to their banks to withdraw their money and found that they could not all get it. This is not what caused the Great Depression, but it in a large way accelerated it.
So, money is not real - something else is. Money is just the shadow of that other something. The first step to wealth is to know what money really is, or more accurately, what it represents. It is very rare in a day that you should ever look at money as you know it today - the cash, the bank accounts, the costs, etc. This is merely the shadow and not the real thing. Looking at the shadow, the physical money,is most of the time very unwise and unhealthy for you and your finances.
Look, instead, at the value within you and within people, and the flowing and exchanging of this value between people. Our internal value, is what creates money. Money is the shadow of our internal value. Develop this internal value in yourself and in others and your external money and wealth will correspondingly rise automatically, without fail.
David Cameron
posted by Dr. Joe at 3:39 AM
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