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The One Question No One Asks

8/31/2020

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Money determines most of our lives but the one question no one asks is who gives money its value? 

The government?  No, otherwise money could not lose its value during hyperinflation as we have seen in Zimbabwe. 

Actually people like you and me give value to money.  As soon as we realise that it is we, not government or banks that give value to currency then the idea of going for a loan to the bank where they can charge you interest on money they create starts to look slightly ridiculous. 

When we start to understand we are the source of monetary value how does this change our perception of central banks like the NZ Reserve Bank printing ever larger quantities of money?  If we owned the money we used could we do a better job than the inflation/hyperinflation the over-issue of money usually brings?

 If you like the idea of having more control over the money you use consider joining other people in creating your own money.  750,000 Kiwis can now receive 10,000 RedPill free, no strings attached.  When all RedPill have been distributed we can start using it as gold-pegged money own by people with no central control.  Now there is a thought!
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    I live in Christchurch. I love NZ and it is time to give something back. I have three grown up children.  My wife is a GP.  I enjoy trail running, tramping and gardening.  You can see  what I do for a living here.

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