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”. (more…)
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. (more…)
