As if there’s any other kind. A good look at them and at what’s coming: The End of Money.
Money vs Real Wealth
I happen to know a good deal about our current system of money; how it is created, how it functions, its benefits and its darker aspects. I find it critical to remember that it isn’t actually “real”. Rather, it is a concept. Specifically, it’s a social contract. An agreement. Albeit one enforced at the end of a gun – or, as seen here, an eviction sheriff enforcing the local tax codes:
So while money isn’t “real” in itself, we value it because it is a claim on real things.
Having a lot of it currently entitles you to a great deal of privileges and power, which are a direct outcome of the spending of that money.
Money can be converted into houses. And cars. And massages. Also groceries, electricity, cell phone services and prescription drugs. These and ten billion other things are what money allows you to buy — the things you actually need or want.
So money is the means, but it is not the real wealth. ‘Real wealth’ is the things that money enables you to acquire.
Read on. There’s a reason I frequently rant about this stuff. Look at those charts. Prepare.