Money does not grow on trees

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Money grows much faster than leaves on trees. It's typed

When you go out for a dinner at a nice restaurant and then pay with your credit card: the bank wasw not sitting by with a bunch of credidit card dollars. You just created money out of thin air.

The restauraunt can't tell the difference.

Any money in your account is immediately taken (90% is legal) to lend to other people. You never notice because the bank leaves bvehind bank credit which is totally legal. Money from nothing over and over.

Garry.

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Recent Comments

10

Get your money for nothing and your chicks for free! ~ Dire Straits

That line is virtually burned into my brain, and Sting had no right.

Quite interesting, something to think about.

True

Interesting post Gary. Thank you. Here is a tip re so called credit cards:

Think of credit cards as debt cards to reduce the amount the bank creates!

Have a great day.

Trevor

True. Money used to be backed by gold. Actually, in many years gone by, salt was legal tender. But today, money is more virtual than many realize.
Interesting post, Garry!
Diane

EXACTLY!!!

Gold; but it is difficult to transact. And that's deliberate.
Garry.

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