Where does Money Come From? February 9, 2008
Posted by BDO in Multimedia.Tags: beating, change, Debt, goal, money
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This is a great, informative cartoon of where money really comes from. It really breaks the process down and opens your mind to the farce our economy is based on. As this video shows our entire economy is based on influencing people to take on more debt, so that we can seem prosperous. But the problem with taking on more debt is we enter into a form of slavery. The person that holds the title to the object of our desire is the one that actually owns the property. We are just servants taking care of it until we can earn our freedom back.
When our entire economy is based on debt, which God disagrees with, we are headed for problems. And we see those problems every day.
Today, we saw the passing of an “economic stimulus package”, that is as this video says is magical debt passed off to consumers as real money, which is suppose to help make everyone feel that they are rich again. Course, the reason we “need” this stimulus is because there were too many bankers influencing people that should not have debt to take on more debt and now can’t pay it off. So, instead of educating the masses about bad debts, we create more debt, so they can keep on spending money and creating more bad debt. Debt should never be equated with prosperity. In business, debt is accounted for as it should properly be known, as a liability. However, in the government and personal finances, most debt is considered a luxury, because we can show off the boat we just bought.
We must change our thought process on money and debt.
Debt should be used sparingly and very carefully.
We must fight to get out of debt and stay out of debt.
Beating debt should be our number one financial goal before any other financial goal.
A Kid's Guide to Managing Money (Ready-Set-Grow Series)
I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you.
Tim Ramsey
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