The truth about money
7 years ago in #economics by moderndayhippie (67)
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hello, @moderndayhippie
You are doing an excellent job. Keep up The good work my friend. These things should be mastered in grade school and you should be able to leave the 4th grade without a full grasps of these concepts. It has always bothered me that schools do not teach the most important principles that would have the greatest impact on your lives. Often times those teaching do not even understand It is so sad.
Thank you so much, I'm glad other people are on the same page as me.
I agree, kids should learn these things young and continuously through all of school. Unfortunately schools aren't as good as they use to be, and with common core now taking over teachers don't really get a say in what they teach anymore. the system is failing us in so many ways :( it is sad.
I agree! in school we study wrong things
I'd like to have Money Knowledge as a subject
good idea?)
Any kind of Money education would definitely be a plus. ;)
I don't think that money is the problem. if we don't have money, we still have those who own lots and others who don't. what we do with money might contribute to the problem - of being separate, of some being able to eat and others not and the list goes on. Money is just an agreed upon trading tool. If everyone deals in crypto, it is the same all over again. Actually, even here. If you have more in the wallet, you have way more influence and the quality of posts does not have much to do with the payout - just saying......
I guess I used the wrong word. I was talking about fiat currency, fractional reserve systems and debt based societies more so than money.
You are right we do need money for trade and to basically keep the world working properly for now. I personally believe think cryptos would be a huge upgrade from the shitty, broken, bias system we currently have for a host of reason which I wont get into right now. I understand cryptos are nowhere near ready to actually be mainstream right now but they will be one day, probably sooner than most anticipate. I know cryptos have there own issues but they are young and the difference is you can choose not to use the ones you think are unfair or don't like. Yet here we are along with many others who don't like some of the rules on this platform, but its better than fb or youtube censoring our material! So I continue to use it, but I make articles and say things until the right people hear them and things change, thats how platforms grow to be great.
I agree eventually some day people will figure out how to manipulate the new system as well, but that is not a reason to not change from the current broken one that we know isn't working and is so unfair. I understand change is hard and messy but greatness comes from change.
Oh, I am all for change. And the interest based system is a machine for enslavement. But even within that system, people are able to do things differently (yes - only to an extent until some regulations and/or government shut it down.
Here is an example. Housing is very expensive here and the loans are usually 30 years. If you default at any time - house gone with everything you put into it.
A real estate friend of mine told me of a group of 20 families who all bought one house together. They all moved into the house, worked like crazy. Paid it off in a matter of a few month. Then, they bought another house. Half moved into the new house. Everybody worked. paid it off. And they did that until everyone had a house. Paid off. But most people would not be willing to live that close with others even for a short time - or trust that their turn will come too.
Actually, on our podcast, we have featured lots of people who are creating different kinds of economic models and so forth.
Her is to change :)
People are amazingly creative in any situation they are put in! I'm just saying if they didn't start with such an unfair system they would have never had to go to those extremes to make it. The system is rigged. I am not claiming to have any answers, I just want people to understand the game they are playing in (hence the videos).
Sounds like you have a pretty cool podcast. how can i check it out?
And yes, here is to change! ;)
Agreed. The system is very rigged and has been for a long time - it seems ever since we left the hunter and gatherer lifestyle social injustice has been a pattern. Hopefully, we can break it or at least mitigate it a bit. Here is a link to our website. http://www.sustainablelivingpodcast.com/
If you scroll through, the ones maybe the most to this theme are on Ubuntu, Transition, Venus Project, the ones with Chris Agnos. But there are more....
An interesting topic for reflection, I also feel and think like. As one clever man said, a turning point has already been made, due to the fact that in the first in the history of the human species a highly effective tool of production became available to everyone, there is in view of the new information era and accessibility of computers to each.
And one more aspect if we take into consideration such a thing as the laws of karma, then think that we consider ourselves in the right to exploit a multitude of living creatures while cause their suffering, but when this concerns our species, we are indignant at the "not fairness" of what is happening ...
Id have to agree with you, we are in the age of information (Aquarius) and with computers in every ones pockets these days, there seems to be growing number of people being woke up in masses lately which is much needed. But a lot of people also just waste their time on social media and useless sites that don't educate them at all, so using the information properly is another huge problem we need to address.
But you are correct about karma, we have been a species that decimates other species for our own personal gain and that is not a balanced world, and we cant go on like this to much longer without huge repercussions. However, I do think people are starting to understand that a little more each day.
There are so many problems in the world, if we just all worked together instead of against one another this world would be a beautiful place with a lot less suffering.
img credz: pixabay.com
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This makes alot of sense until money is required for some function you have a need for.
I don't hate on money so much as fiat currency and fractional reserve debt based societies. Its a huge ponzi scheme and it NEVER ends well.. yes money is needed but I just don't agree with the one we have.
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It behooves everyone to get into a much debt as possible, and then run away from it !
Everything would collapse very quickly, and then we can establish an ethical system, much quicker.
I don't think you could ever get a big enough movement to do that willingly. However we are at that tipping point right now (the everything bubble), people don't really have a choice but to default on many of their payments, so I think you will get what you want eventually. I just don't know how soon it will be, so I won't risk getting into more debt and being trapped waiting for years for it to fall apart!. You obviously have much bigger balls than I do.. lol.. good luck bud :)
I agree- but it is going to happen anyway - And proactive is always better than reactive - plus you have a good time doing it.
( I did, lol).
I jumped the gun - I thought it was gonna all happen around 2006/7 - I pulled my personal financial revolution 2004.
It has its downsides ( but upsides to.)
(I'm single, no kids, so makes it much easier - I realize that - It doesn't change the dynamic though, unfortunately))
It is, but those sneaky bastards seem to keep dragging it out! Thats why Im actually going the opposite way that you did, I'm selling my house to pay off ALL of my debt, buy an rv, a bunch of cryptos and just be a traveling hippie until this all blows over. Im pretty lucky to have a hippie fiance and two dogs, so they don't give a shit what we do, as long as we do it together. ;)
Very cool, matey !Very good idea.
(The dragging it out bit is getting annoying, I agree.)
But I found - if i didn't pay of any of my debt- I had lots more money left over, for me!
Philosophically speaking - paying of your debt is supporting your slave master ( pesky philosophy. lol)- sorry! lol
Dont apologize, i love ur philosophy and spirit! I wish more people had ur mantality, the world would be a much different place.. and we NEED change.. take care.
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Money is the king
But money cant buy everythings..
We must learn how to use money money to buy a things or our need..
And we must verify what we need to buy among what we want to buy...
If we follow our want to buy, later in, we will fall into money trap debt.. soon or later..
So, watch out my friend...