What is the BIGGEST confusion people have, about “Money” matters?
PEOPLE DON'T KNOW THE DIFFERENCE BETWEEN “MONEY” AND “CURRENCY”!
Before this present economic system, people used “MONEY” in the form of gold and silver. Way before, they even used “salt”, hence the word “salary”.
Then, “CURRENCY” came into existence.
Because NOBODY told the people about the DIFFERENCE between “Money” and “Currency”, almost all of the people of today talk about “Money” when IN FACT there is no “Money” in circulation anymore. “Money” being gold and silver. Gold and silver today are COMMODITIES but NOT “Money”!
People TREAT “Currency” as it would be “Money”, which COMPLETELY DEFEATS its purpose, its existence.
People hoard “Currency” as it would be “Money”.
As its name indicates, “Currency” (current) MUST, MUST, MUST “FLOW”. When “Currency” doesn't “flow” it starts to stagnate.
The MAIN reason for paying taxes is to nudge and force the “Currency” to “flow”. Taxes are NOT to pay for government services. The taxes that are collected, are put into CIRCULATION almost immediately, so that “Currency” starts “flowing” again. Fundamentally, it is the “Robbing Peter to pay Paul” principle...AND IT WORKS, when used properly.
When people start hoarding “Currency” as they used to hoard “Money”, “Currency” looses its function, which is generally called “Depression”. A “plug-up” or “constipation”.
Those very few who really KNOW about “Money” matters, introduced “INFLATION”. Contrary to the BULLSHIP of the idiots out there, who claim that “printing money” (right off the bet, they FAILED to KNOW that THERE IS NO “MONEY” BUT “CURRENCY”) causes “inflation”, the REAL reason for “inflation” is TO DISCOURAGE HOARDING “CURRENCY”, because when you do, it WILL loose its purchasing power. Therefore the hoarder of “Currency” loose.
“Currency”, as its name indicates, works when it is circulated. So, there MUST be driving forces in place (taxes, inflation, high prices), so people stop hoarding it and circulate it.
Certainly, you can “buy” commodities like gold and silver and sit on them. It is up to you what you do. When these IDIOTS, (I WAS one of them) keep yapping that the economy will crash or it is “imminent” (it is “imminent” for at least sixty years, lol) they are fear-mongering.
If, if, if the economy would crash, you could stuff your gold and silver where the Sun doesn't shine, because they will be USELESS.
WHICH ONE OF THESE “PREPPERS” WILL EAT, EAT, EAT GOLD AND SILVER?
DO YOU REALLY THINK THAT THOSE WHO HAVE FOOD, WILL SELL YOU ANY OF IT FOR YOUR GOLD AND SILVER?
ALL THEY HAVE TO DO IS WAIT UNTIL YOU STARVE AND CROAK, THEN TAKE YOUR GOLD AND SILVER FROM YOU FREELY!
GET A GRIP ON REALITY, PEOPLE!
If you listen to them kaisers and the other guy who is mainly into hoarding gold and the now dead champman and the rest of them FAKE, KNOW NOTHING ABOUT ECONOMY, you'll go crazy!
WHAT IS MOST BENEFICIAL, IF, IF, IF THE ECONOMY WOULD CRASH?
Have a USEFUL TRADE, that you are REALLY good at it. There is not much use for psychiatrists, psychologists, judges and lawyers at that time. If you are a physician, you better be a good one, not a “pill pusher” jackass. Note that these occupations listed above are the highest paid ones in the present, corporate, status quo society but they are the most useless “when the rubber hits the road”.
Ultimately, our best option would be if we all work together NOW, NOW, NOW, before there is an economic crash. Most importantly, EDUCATE people about the difference between “Money” and “Currency”!!!
A banker would NEVER EVER refer to “Money” what is in your pocket but “Bank Note” or “Currency”...NEVER, NEVER “Money”!!!!
If the market wouldn't be “manipulated”, MILLIONS of people would die as the greedy hoarders would take over and it would be CHAOS. All one has to do is look back how life was a hundred years ago. Hell, even thirty years ago and see the standard of living.
Anybody who wish for carburetors to come back on cars has a few screw loose.
Do you wish for 20” b&w TVs with rabbit ears?
How about washing machines from the sixties?
How about DC 3 for air bus again?
The list could go on and on and on!
When the “Currency” is not circulated but hoarded, there will be more and more burden on people to force them to circulate it. Look at house prices and renting prices! People are forced to circulate their “Currency” and not hoard it.
It is also possible there is some kind of ulterior motive for the introduction of “Currency”, to replace “Money” but that is not proven yet.