Friday Dec 16, 2005

Easy Money

Easy money, which is a contradiction in terms, is a guaranteed harbinger of disaster.

Easy money is expensive money.

Money without earned value and postive purpose is dangerous; the enemy is often disguised as leisure, or pleasure, or invincibility.

You begin to lose touch with what is real, organic, and healthy, and at a certain point you may become that lost soul who overdosed—that tragic artist who makes for good exploitive copy in a book, or fodder for a film.

But you are smarter than this.

Money originated as commodity money, but nearly all contemporary money systems are based on fiat money.Fiat money is without intrinsic use value as a physical commodity, and derives its value by being declared by a government to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for “all debts, public and private”.

Posted by link building articles on 09/17 at 12:58 AM from Australia.

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