The sky's the limit

Monday, July 14, 2014

It's all about the money!!




"Money is the most universal and pluralistic system of mutual trust ever devised. It's the only thing in the world everybody trusts"... and yet, it's just a piece of paper.

And although cash is still king, but thinking about it, only 8% of all the money of this world, including governments, companies, the whole of the economy, only 8% of the wealth is "cash". The rest is "numbers" on an account... owned by the banks. And we trust banks, because we give them our most valuable belongings. And yet, we have signed a paper stating that they own our money and, in case of crisis, they have the right to block us from withdrawing our money... which is basically the remaining 92% of the world wealth.





This did not end yet actually, so hang in there.

Not only we actually own paper money that has no value except the "trust" we put in it, and not only the safest place to save your money actually has control over it, you pay taxes from your own income to institutions that exist only to sustain that "trust" in money... and that are only holding still because we have "trust" in them: we trust "security", we trust "leadership", we trust "capitalism" and human rights.

Humans are the only species in this known world that create concepts coming from their pure imagination and make them sustainable by the only concept of trust.

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