Whims and Whispers

This is a short post to share just one idea revealing the true value of money.  Our financial security is based on trust; trust that available currency can be exchanged for a loaf of bread or anything of real value.  All of the sophisticated financial analysis, all of the currency in the world is irrelevant when the true value of money is seen in this light.  In this light, the exchange of currencies, stocks, bitcoin, and so on among themselves, are based on whims and whispers and can be very dangerous when they quickly erode trust in currencies and financial systems.  What a shaky foundation we have built for our financial security.

When we learn enough to build a financial system based on real value (1 coin = 1 basic loaf of bread, 5 coins = 1 hour of heavy labor) then the real value of money is evident.  A crypto currency based on exchange of goods and services would be of real value.  Of course, all of the sophisticated analysis would still apply, but it would really mean something more than just whims and whispers.

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