He says that money is hard to understand. It is if you’re a liberal.
“He says that money is hard to understand.”
I do agree with him that money is hard to understand. But it’s not because of the money itself, it’s the ability to manipulate the theory of what it means.
In the early 90’s, the market was low, the price of things were low, and the expectations of how far money could go was budgetable in the household. But with the growth of a market so fast without anything but inflation causing the triggering of it, the price of everything went up. And more wages were required, and the see saw started And when it got too high for people to afford, they printed more money and told the sheep it was the way to go. Unfortunately, all money is nothing more than a representation of worth, in the world’s overall case gold. And if you print a second $1 bill it is now worth 50 cents. I’m sure you see where that is going. So you’re making less, and spending more. But hey!! You’re making more....right.
And that’s just one piece of what the illusion of money becomes based upon manipulation. There’s a lot more. But that is one of the major reasons I say people don’t understand money. They have no idea what it is except to spend something they didn’t earn.
rwood