mind your business

Tuesday, January 24, 2012

What is money? (Part I)

Oh yes, we’re tackling the big question today. No more subtly alluding to a certain view of money and economics while assuming you “get it” too. I’m going to break it down to the fundamentals here and do so as painlessly and simply as possible. If you’re an advocate of “sound money” or “honest money” and you want to understand your own views better or find an easier way to explain them to others, read on! If you have a friend who is new to this kind of economic thinking, this might be a good article to share with them. Economic thinking isn’t hard. In fact, it’s quite natural and intuitive in a lot of ways. People who make it more complicated than it really is are doing so to keep you from thinking about it and to convince you that you can’t really understand it like they can. Knowledge is power. So the less honest stewards of economic thought have decided to keep that power to themselves by making the knowledge seem unattainable to people without advanced degrees or Nobel Prizes. Don’t be intimidated! Finance and economics are for everyone.

Here are just a few of the basics:

Read the rest of my article
at The Silver Underground.

Wes Messamore,
Editor in Chief, THL
Articles | Author's Page

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