The
Understanding of Money
Understanding
money is the key to our financial freedom. Money sticks to those who understand
it, respect it, and put it to good use. The Federal Reserve is NOT Federal and
it does not have Reserves. Currency is not money. What we call it money around
the world is not money, it is currency. Real money has value; currency is a
promise of value. Fractional reserve banking provides unlimited amounts of
currency via loans, Fiat money. We have to pay it back with interest by using
our most valuable asset, our time.
1. Real money
and currency are tools to serve others.
Time is an even better asset
to serve others.
2. We have no
control over the value of currency.
Those in control of the
supply of currency control the value of our currency.
3. Money
reveals our character.
Good people do great things
with money and you know what bad people do with their money.
4. Real assets,
not currency, have real value.
Assets produce income. The
right assets require little time to produce income.
5. Time is more
valuable than assets.
Assets are created to give
us the time to serve others.
6. Debt is the
modern form of slavery.
We become assets to those in
control of the value of currency and to real asset owners.
7. Currency
does not provide security.
Security comes from the
ability to acquire assets that produce a continued supply of more assets.
Is your head spinning yet? You are not alone!
Thank
you for reading and reflecting on today’s nuggets.
Be blessed and be a
blessing to others
Carlos Fontana
Author of the book Priceless, Co-author of the
book Follow to Lead
"The future
belongs to those who can see and pursue opportunities before they are
obvious."
"Those that take
swift action will always leave those that don't breathing the dust."
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