Money does not grow on trees

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14
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774 followers

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.

14
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Recent Comments

10

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

1

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

1

Quite interesting, something to think about.

2

True

2

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

2

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

4

EXACTLY!!!

2

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

2

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