Gold may be valuable to store – but gold is not a store of value. Gold does have intrinsic properties that make it valuable – but gold does not have intrinsic value. Continue reading
Many products we buy are really social signals first – and material objects second. Our social-primate brains evolved to pursue one central goal: looking good in the eyes of others – especially those who might protect or mate with us. Buying impressive products in a money-based economy is just the most recent way to fulfill that goal. Continue reading
Time and money are often “measured” and “manipulated” but both are just “non-sense” ideas. Neither can be seen, heard, felt, smelt, tasted, or experienced in any other way with our physical senses – which is how we perceive and interact with the world outside of us. Ideas (and “memes”) may be “contagious” but mostly exist only within our minds and not outside of our imagination. Continue reading
All “ownership” is only temporary. It is also almost always never completely, nor even really, “owned”. Perhaps a better word (in addition to access, use, and control) might be (having) “custody”. Continue reading
The tallest structure in the world is (Burj Khalifa) in Dubai (United Arab Emirates). It was paid for in SILVER. Dubai is one of a growing number of countries that do not accept the Federal Reserve Notes (called “Dollars” by Americans) that have been the “reserve currency” of the world since 1944. Continue reading
The most basic definition of MONEY is whatever COMMODITY (be it a product, service, or information) that is perceived to have the most EXCHANGE VALUE for what we desire. Getting what we desire often requires trading, bartering, or otherwise exchanging something for something else (be it our time, attention, knowledge, labor, possessions, connections, future possibilities, or even lives). Continue reading
ASSETS are anything of VALUE. Appreciation means to increase in value. WEALTH begins with APPRECIATING our ASSETS and VALUE. Like “abundance”, WEALTH is having (more than) “enough” of what we need and want. Continue reading
The internet is now a major medium of exchange – where marketers are adept at offering things with perceived value in exchange for as much money as you will give them. The most common offer starts out as “free” – and yet can result in a lot of money changing ownership.
Most internet markers follow a well-established sequence of upsell and downsell offers. Knowing this structure is a way for them to get more money out of you. It can also be a way for you to get more out of them while hanging onto more of your money. Continue reading
Appreciation means to increase in value.
Value is often relative – mainly to situation, circumstance, and perception.
How much something (or someone) is worth is very subjective. How much compared to what? Continue reading