So what is money, really?

In general we can say that money is debt; however the most fitting definition for money that I could find is this.

Definition – A tool to facilitate the exchange of goods and services and which is backed solely by the user’s confidence.

For a long time, I gave very little thought to what money truly was. I don’t think I was different than most people. I just assumed that everything was alright, and our government had its citizens’ best interest in mind. I see things clearer now, and I hope that this blog will open some of your minds up to the true concept of money.

So what is money, really? Money is a tangible representation of your energy (labor). Think about that for a moment.

Before paper money was invented, people utilized the bartering system. If I had a bushel of corn and needed a beaver pelt, I could trade for it. The bushel of corn represented a hard day’s work in the field, while the beaver pelt represented a hard day’s work hunting. I exchanged my energy (labor) for yours. To put this in perspective; the average worker at Wal-Mart makes somewhere in the neighborhood of $8 an hour, which equates to just over $16,000 per year. What could this person trade their money for other than their own poverty? How have people been so devalued that they will work 40 hours a week and still be well below the poverty line.

Money is the same as the old bartering system with one major difference. The financially elite and our government have found better ways to extract our energies (labor) and devalue it’s worth. It’s not a coincidence that the Federal Reserve was created and that the IRS followed soon after.  Both of these agencies were created to extract energy (labor) from the American people. Most people don’t know this, but most of the money we pay in taxes goes back to paying interest on money created (magically) through the Federal Reserve, a private banking cartel. This is the huge number that we call the national debt. If you watched “stop paying full price and learn the secrets becoming debt-free in 5 to 15 years” video you would learned that the average American will work six to eight months just paying off interest on their home and taxes to Uncle Sam.

Before fiat money, the only thing that would prevent you from having everything you needed was laziness or an act of God. Now, it doesn’t matter how much you make, because the majority of your money is being paid to someone else. If you haven’t seen it I suggest you watch “Money is Debt” and “Fiat Empire”. For those of you who would like to understand the more technical aspects of the money system, you can download “Modern Money Mechanics” which was written by the Federal Reserve branch in Chicago. You’ll find it on the right side of this blog.

If you want to find out how to keep more money in your pocket, take a few moments and visit www.managemyinterest.com

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