There is a lot of talk about what is “fair” today. Well, what is “fair”? Continue reading
A penny saved is a penny earned? Take care of your pennies and your dollars will take care of themselves? A (magic) penny that doubles it’s (“compounded“) value every day would very quickly be “worth” more than a million (paper) dollars. What do YOU think about pennies – and dollars?
Offering a penny for someone’s thoughts doesn’t usually make putting their two cents in “worth” doing (or a fair exchange of “value”). Even offering a dollar (coin) is not likely to change things much. Pennies used to be made out of copper (and nickels out of nickel). Today, they no longer are. Dollar coins were once big, heavy, and made out of silver. Today, dollar coins are golden in color and made mainly out of copper (and a little zinc, manganese, and nickel) – and are lighter than two quarters, four dimes, two nickels, four pennies, and an average car key. Continue reading
On each side of WATER are BANKS – which contain and control the flow, or CURRENT. What most people think of MONEY is actually (fiat) CURRENCY flowing from and controlled by (“financial”) CENTRAL BANKS. Unlike MONEY, neither CURRENT paper nor digital CURRENCY has ANY inherent VALUE – or “redeemable” backing by anything that does. Federal Reserve NOTES are NOT MONEY. They are instruments of DEBT. Continue reading