Money. It’s a gas. Pink Floyd simplified the root of all evil with their hit song, but they didn’t really tell you what it’s all about. This TED talk video will jump start your brain back to high school economics, but for me it was a welcoming jolt. I, and you I’m assuming, have forgotten why life is so expensive and why we need money.
I’ll be the guy who admits he’s ignorant here, I totally forgot the Fed was multiple governing bodies. I would be that guy on the street in those videos who says the government votes on when to add more money. Then I'd be laughed at by an audience who assumed the same thing. I also didn’t realize that we abandoned our gold standard, which makes it all seem so bogus. If I’m not working for cash backed by gold, what am I working for?
Sure the new system works well enough. I have a job and make enough of a wage to live a comfortable life, but it doesn’t feel right. For years I’ve been hustlin in the game thinking the cash I was grabbing was backed by something tangible and valuable, but really it’s just a ploy. Someone pulls the lever and says, “Things cost more now, work harder,” and all the sudden I have to pay more for the things I own?
I get it, we can’t have bank vaults filled with Scrooge McDuck swimming pools of gold coin, but there’s something unsettling about operating off a system. You are putting too much reliance on businesses to succeed as well as employ and fairly compensate its employees. It's definitely a tricky system, but since the alternative may not be possible anymore, I suppose we're just going to keep on keeping on, despite the fact that this video raises a whole lot more questions than we have answers to.