Something very interesting and bizarre which I came across at my friend Tim’s home: a US Dollar Bill … with something very interesting:
It looked different.
How so?
Look carefully
SILVER CERTIFICATE
This certifies that there is on deposit in the treasury of
The United States of America
ONE DOLLAR
[This certificate is legal tender for all debts, public and private]
ONE DOLLAR
In Silver Payable to the Bearer on Demand
Why is this so interesting?
To me, the reason this is so interesting:
Money ain’t real.
Money as a social construct. Once Nixon un-pegged the US dollar from the Fort Knox Gold Stash, the government can essentially print money at will (‘ex nihilo’ — out of thin air).
Morale of the story:
Don’t make your life purpose or self-esteem or ego about money-accumulation. Money as a tool and means … for something else!
ERIC
Economics by KIM
Money thoughts:
- THE PHILOSOPHY OF MONEY
- THE FUTURE OF MONEY
- Price Insensitive
- WHY JOBS?
- The Future Economy
- What is Money?
- Individual Economics
The Philosophy of Money
- How to Become Economically Independent
- Economic Dependency
- It’s the Economy, Stupid
- ERIC KIM PHILOSOPHY OF MONEY
- Debt is the Devil
- Capitalism is Cruel
- In Praise of Capitalism and Consumerism
- Capitalism as the Road to Tolerance
- DIGITAL CAPITALISM
- Capitalism 2.0
- In Praise of Capitalism
- CREATIVE CAPITALISM
- ZEN CAPITALISM
- Universal Basic Income