WHAT IS GOING ON WITH OUR MONEY

I don’t get money. I don’t mean that in a way to say my bank account is empty. I mean it in a way that its existence makes me feel empty. Money doesn’t grow on trees is the quote of my childhood, we may need to rethink that. Cause now money is nothing more than a number on my screen. To explain what I mean lets take a trip back. A trip to the past where money was king, it wasn’t just something that ran the bitcoin machine. See money had a backing, A precious metal we seek. Gold was the standard and money was just paper. Because we knew the green back meant nothing by itself. The worth was in the amount of gold it represented. Sure, we let some silver in to make the money stretch, but the paper itself was worth as much as my notebook. That is to say not much, but we left that behind, some say it was inflation.

Now the money is powered by nothing more than our imagination. We gotten so use to its value that the backing means nothing. I’ve never seen a brick of gold, but I’ve seen these hundreds. Then came a system of credit seemingly giving money for free, but the money on my screen doesn’t exist. Some say it does, well where is it. Most of our money is digital. So, swipe the card, have fun, and just think in the moment. But I’m thinking beyond.

The ultimate money of belief has been made, we call it crypto. Our imagination warranted it and so it came. The more we invest the more it is worth, but why, well because of our belief in it. Forgetting about cryptos like bitcoin and etherium. Ones like doge that skyrocket in price do so on how much we use it. It’s not like there’s a finite amount, so why does the price change. The interest of the people is what changes the price. Money is the same, it was valuable because there was a finite amount. You can’t make more money than there is gold and silver, it is impossible. Having a million dollars during the gold standard, meant having access to a million dollars worth of gold. Have a million dollars now means you have a lot of 0s on a screen. Yes, it is still worth a lot but not because it is valuable in of itself. But because we value it so much, whether this is a good or bad thing is irrelevant. Because it is the natural course of things, but we need to lean into one thing or the other. Either go all in on the digital currency or fix the physical currency.

With covid it seems as though the digital route is what is going to take over. Which is what I prefer because if we keep going the next order of things is that soon there will be a currency that can be used in any country. To end things, I just want to acknowledge how much money has beaten our expectations. We said it couldn’t get off the gold and silver standard, but it did. Credit would never be a thing and social security is temporary, it has beaten those notions. We can’t just print more money, we have during the pandemic and the debt ceiling in America means nothing as we can raise it as much as we want.