Money Brain
One thing that few people truly understand is money.
This isn’t by accident.
They don’t teach us money in school.
Nothing about interest rates.
Nothing about accounting.
Which is a shame.
Because one of the greatest inventions in the world is double entry bookkeeping.
Before that, it was hard to make money.
Not hard to find out what people wanted.
But hard keeping track of how much you spent and how much you earned.
Once double entry bookkeeping was invented, wealth production took off.
Fortunes were made.
But they never teach us this stuff.
It’s pretty common to do good in high school, do good in college, and get a job without EVER having the slightest clue of what money is and how it works.
On Purpose
I doubt this is an accident.
Consider this other idea.
In plenty of cultures, the idea of “money is bad” or “wanting money is bad” has been propagated.
This is a two sided belief.
For the regular citizens, it kind of gives them a pass.
If wanting money is bad, it’s good to be poor.
Why does this happen?
Because once you are part of the ruling class, and you have all the money, you don’t want any competition.
So you make sure none of the citizens know anything about money.
AND the citizens believe that making money is bad.
That way, you can keep your riches without ever worrying too much about competition.
You can show off your riches by buying things nobody else could afford.
This is a shame.
Because the mechanics of money are not evil.
The mechanics of money are actually pretty righteous.
The “money instinct” rests on top of some very ancient instincts.
Consider two kids on the playground.
Natural Trading
One kid’s got a bag of chips.
The other kid has a bag of cookies.
Both kids want what the OTHER kid has more than what they have.
So, they trade.
They BOTH get something BETTER than what they had.
They BOTH increase in happiness just a bit.
This is the same with money.
Trading five dollars for a burrito.
You are hungry, and you want the burrito MORE than your five dollars.
Otherwise you wouldn’t trade.
The burrito seller is also happier after the trade.
A desire for money is a desire to increase happiness.
Happy Trade
Not just for the money receiver, but for the money payer.
Understand the virtue of money, and make others happy.
Understand the virtue of money, and start collecting wealth.
Understand the virtue of money, and build your empire.
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