Page 22 - Making It To The End Of The Month

MAKING IT TO THE END OF THE MONTH
Money in the format we know today is a human invention, as we’ve seen. Since this is the case, the acceptability of this format relies on one thing and one thing only: TRUST. For example, we trust that our currency is worth the amount engraved or printed on it, and, therefore, we trust that it will be accepted in exchange for goods of the same value. However, if sellers declined our coins and pieces of paper as a means of exchange, they would no longer be acceptable, and we would not trust them. Then, money itself would lose its value. History shows us that humankind will simply replace it with something else, such as the methods already mentioned.
Therefore, money is nothing more than a fabrication of our genius. We have invented the whole concept. It is not real. Every note and coin in our wallets or purses is made-up so that we can exchange services. That includes those plastic credit cards, too! Money is literally made up – we manufacture it. We are so clever that we even create wealth when we have no money. It’s called debt. Debt happens when we buy products or services without the ability to pay for them immediately, hoping to repay the deficit over a more extended period. At what cost? It may be more than just the interest rate.
22