WHAT IS MONEY???

WHAT IS MONEY??? WELL SOME OF YOU ALREADY KNOW THIS BUT MANY DO NOT, I WAS ASKED A QUESTION ABOUT DEBT = MONEY / MONEY = DEBT AND I THINK THAT IT IS IMPORTANT TO GO BACK TO THE BEGINNING. THIS IS A TOPIC WE COVERED LAST YEAR IN THE PRIVATE ROOM BUT FOR THOSE THAT ARE NEW IN THE PUBLIC FORUM LET’S DO IT AGAIN.

WE NEED TO UNDERSTAND HOW THE FINANCIAL SYSTEM WORKS FROM THE INSIDE AND WITH A BASIC UNDERSTANDING OF THE GEARS WE WILL BE ABLE TO UNDERSTAND THE EXTERNAL STUFF LIKE ALL THE THINGS WE ARE SEEING IN THE WORLD. WE ARE WATCHING A RESTRUCTURING TAKING PLACE AND WE SHOULD TRY TO UNDERSTAND WHAT WE ARE WATCHING. WHY ARE COUNTRIES RE-DENOMINATING THEIR CURRENCIES? THERE IS NO VALUE BEING ADDED SO WHAT IS THE POINT?

WHAT IS ALL THIS TALK ABOUT ASSET BACKED CURRENCIES?? WHY ARE BASEL III REGULATIONS BEING TOSSED AROUND? I THINK BASEL III REGS ARE THE MOST MISUSED TERM OUT THERE. THE GOLD STANDARD AND ASSET BACKED DIGITAL CURRENCIES…I MEAN REALLY????

SO LET’S GO BACK TO THE BEGINNING AND UNDERSTAND WHAT MONEY IS WHERE IT CAME FROM HOW IT’S USED AND THEN WE WILL UNDERSTAND ALL THE RE-DENOMINATIONS THAT ARE TAKING PLACE GLOBALLY. IN DEVELOPED COUNTRIES THE SAME TYPE OF RESTRUCTURING IS TAKING PLACE AND PLEASE DO NOT MISUNDERSTAND ME I AM NOT TALKING ABOUT VALUE AT ALL. MOST OF THESE CURRENCIES WILL RE DENOMINATE AND THE TRADE VALUE WILL STAY THE SAME.

I’M GOING TO DO A QUICK SERIES OF VIDEOS FOR YOU ALL TO WATCH AND THEN WE WILL DISCUSS THEM OK?

I’LL BE BACK WITH MORE
SEE YOU ALL SOON…..ML

3 thoughts on “WHAT IS MONEY???

  • Ed

    Good video ml. I certainly understand the scarcity characteristic of money. I look forward to more and more lessons…thanks

  • Thanks My Ladies
    For responding to my question(s). Today’s fiat money is and illusion and no longer functioning as it is
    intended to, hence the critical need for restructuring of the monetary system world wide. If a poor man
    could die for a rich man then there would be no poor men. By world standards of rich man poor man
    the US is the rich man. But the rich man is bankrupt and living and illusion. The rest of the world is loosing
    confidence in his fiat currency. In restructuring the world monetary system some currencies will indeed go
    down in value while others will rise in value. I find it very ironic that the US lost the war in Vietnam yet the
    Dong remains pegged to the dollar at and outlandish rate of exchange for example. How does one nations
    currency so heavily out weigh another in value ?

    • MY LADIES

      JEFF I WILL ANSWER THIS QUESTION IN THE POST AFTER THE NEXT IN THE LESSON TITLED HOW IS A CURRENCY PRICED. SEE IIT IS IMPORTANT TO UNDERSTAND THE SYSTEM FROM THE INSIDE OUT..

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