Value of cash

Today was a nice load , the economics of cash really dawned on me .
See 980 mix 500 short is a constant , it's weight - you feel it - same now -same year ago.
But the value of our cash is cat and mouse it might buy you more here and there - and less elsewhere .
It depends what shoe your wearing . Today I was a seller my load delivered $125
the memory of it paying $190 is not fleeting .
Then it hit me , the metals I found today are the same as always , but the cash we get
lost value .Like I said it's cat and mouse they hide it from us . They put emotional goods in our face at low prices and you think
money buys plenty . The real stuff like food is easy to see your money lost value . Fuel for the car gained for us but if our cash lost value
we can't pay $4.50 & we are setting the price by default .
One of these days I'll get to the bottom of it. Till then pass me another copper transformer.

I think that is why we hold on to all our metal. We want to hold on to it until we get what we want out of it.

Some may find this disturbing ....

Let's say that from the time you were very little you were always told that the sky is pink on a clear sunny day. You would most like believe that wholeheartedly. If somebody said that the sky was actually blue you would look at them like they had three heads !

It's really the same with money. You've been taught to think it has value. It doesn't ! Money is simply a means of exchange. Just pieces of paper with pictures of dead people. Those pieces of paper really don't have any value. The whole system is based on belief to the contrary and somehow the world just keeps on turning.

Those who see it for what it really is call it "debt script" -or- "fiat currency" .

LMAO .... when Ron Paul was calling for an audit of the Federal Reserve congress would have NO part of it ! There's probably a very good reason.

Nothing has value until somebody wants to buy it (and no great value unless everyone needs it) . Compare the same house in Detroit Michigan to one in California or close to NYC. Currency is just a convenient form of trade material that is accepted globally but rises and falls due to a million factors.

Scrap metal is worthless in a way because you can't eat it or make anything useful with it (as an individual). Only when you trade it in does it go to the refinery to made into something useful again. If those large refineries suddenly disappeared those metals would be worthless as nobody could do anything with them.

Air, Food, Water and Shelter all still have value.

Originally Posted by hobo finds

Air, Food, Water and Shelter all still have value.

How we forget - and many have not

as long as ever aspect of our lives is controlled by the old farts in the in congress and senate cant get any better

Originally Posted by Copper Head

Today was a nice load , the economics of cash really dawned on me .
See 980 mix 500 short is a constant , it's weight - you feel it - same now -same year ago.
But the value of our cash is cat and mouse it might buy you more here and there - and less elsewhere .
It depends what shoe your wearing . Today I was a seller my load delivered $125
the memory of it paying $190 is not fleeting .
Then it hit me , the metals I found today are the same as always , but the cash we get
lost value .Like I said it's cat and mouse they hide it from us . They put emotional goods in our face at low prices and you think
money buys plenty . The real stuff like food is easy to see your money lost value . Fuel for the car gained for us but if our cash lost value
we can't pay $4.50 & we are setting the price by default .
One of these days I'll get to the bottom of it. Till then pass me another copper transformer.

Your money did not lose value it gained value. If you can buy more with less money then you dollar is worth more. When people shed dollars for other currency's this is when prices rise and you dollor is worth less.

Eric

Sounds like you guys are against the system. It would be catastrophic if we didnt have currency. We would be back in prehistoric times bartering and living off the land. Granted the system is corrupt it still is very efficient and is crucial for the lives we have today.

Well ... i'm not particularly opposed to the idea of the Federal Government but i am concerned that it's wandered off track. It's awfully large. The annual budget is in the trillions. I can't wrap my head around a number that big.

When we're talking about cash money we're really talking about economics and not politics. It gets into some really abstract ideas about how our economic system works.

For instance: Lets say that our annual budget is two trillion. Our projected national debt is something like 17 trillion before we reach a balanced budget ?

The Bureau of Printing & Engraving could be running 24/7 printing 100.00$ bills and it would take forever to crank out even half a trillion.

Where's the money coming from ?

Not sure they even would utilize the resources to even make the bills ( thats allot trees or recycled paper . This will be fixed with cripto currency

I am not so sure of our money is buying more as fuel is about it . I spent $40 at the grocery and prices are not getting lower
whats lower ? phone bills utilities . Food ??

Originally Posted by Scrappah

Where's the money coming from ?

Well, if you are really interested, watch this. It might take a few viewings for it to sink in.

https://hiddensecretsofmoney.com/videos/episode-4

Originally Posted by hobo finds

Air, Food, Water and Shelter all still have value.

Even shelter can be done with out if your resourceful/smart about where and when you sleep.

This is one of the reason why crypto currency is so big. Check it out CryptoCurrency Market Capitalizations plus the government has a hard time getting their fingers in it and you keep your money yourself, and it's around the world. but even this has it's draw backs. Personally I think the value of the dollar dropped after they stopped making U.S. currency with real metal like silver and copper.

Gershams law explains what happened to coinage after 1964. But removing the dollar from the gold standard in the early 70s started true devaluing. More debt means every dollar is a less and less valuable note. A trillion here a trillion there soon you are talking real money. Everything is fine until no one wants your debt. When that happens look out below. The "good" news is America's debt is too big to fail in the sense it would be suicide for other countries to actively try to call it. But if a black swan event happens to the economy the skills and connections you are learning here just might keep food on your table.