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What is MONEY?
 

Guys I want to talk to you about money. We are all here fighting for making more money. We will work for money until we die. But what is money and where it comes from?


The most money education any of you had was probably watching how money is made on discovery channel. None of you were educated on this subject in high school, or college.


Don't you think we should know more about money if we are to work for it our entire lives?


Watch this great educational movie: Money As Debt
it be the best 30 minutes you spend with your computer in years, promise.

Do you have that on a working video server, like youtube? Google video only buffers 5 seconds of video at a time and then dies.

YouTube - Money As Debt (1 of 5)
YouTube - Money As Debt (2 of 5)
YouTube - Money As Debt (3 of 5)
YouTube - Money As Debt (4 of 5)
YouTube - Money As Debt (5 of 5)

I know more about money then most people I know. It's sad how people always wonder why they don't have any money, yet here they are spending left and right like it grows on trees. I've taken tons of classes on finances and banking, aced them all. I even worked at a bank for about a year.

Simply make more then you spend and you'll find you'll have more money then most of your friends.

Yep. Try to be very careful about ebay/paypal as well. Then you will not need to see the
loony doctor and take ulcer medication. ROFLMAO.

And don't ever get married, if a guy...
 

most of my friends that are gay are rich.

Those that married, many had failed marriages, and pay through the nose for years and years.

Me? I am still paying after 15 years for one stupid mistake I made when i was a kid. And the amount I pay is obscene. And it could be much worse.

Go figure.

These are really interesting things. How money is made? What is debt? And why there wouldn't be money without debt?



What I really want to know is, when money was invented - who decided who got how much?



We all think that if we work more and spend less we'd have more money. But that is none sense. What it will really do is make you work more and live less. In not so distant history they'd beat slaves to make them work more. Times have changed, now we have a desire to work more. We'll do anything for money.

Working more and spending less will not get you rich. If that was the case we'd have a lot of sanitation workers pulling 18 hour shifts and living in a mansion on South Beach.



Learn the fundamentals. That film lays it down good.

Divorce = Debt
 

Simple for me.

Anyone familiar with Suzy Orman?

Suze Orman internationally acclaimed personal finance expert : The Suze Orman Show : Will & Trust Kit : FICO Kit : Insurance Kit : Women & Money



That's the gal that's a relative of Hillary and imjustme is it not?

Money is merely a form of communication that allows resources to be exchanged. Ergo, the value of money depends on the underlying resources.

I saw that Money as Debt video a long time ago. Neat. Though, as it is openly credited as being by some "Socialist" production. Caveat Emptor.

When they lay out an alternative to the current system - what they say is have people be paid in relation to the hours worked. Perfect for socialist power hungry politics.

Imagine, a elementary school teacher - "I worked 8 hours, I want the same as that other guy!"
The Other Guy - "I work 8 hours as an engineer designing massive bridges used by millions of people a month"

If youre interested in this money stuff, I think best book I read on this kind of stuff (without going into the near- conspiracy fact stuff in that "Money as Debt" Video) is Basic Economics: A Citizen's Guide to the Economy by Thomas Sowell.

Anyone familiar with Suzy Orman?

Rofl... I like to watch that show every Saturday just to laugh at people who get in 100,000 dollars of credit card debt, or wonder how they will pay off their student loans after they get a "degree" in 'dance', or 'pastry chef' or other assorted limp degrees.

Just download it from Google, its worth keeping anyhow, and Google Videos (ipod) works on vlc player.

xxxchief, don't you know these poor sods are ebay sellers! ROFLMAO.

Yup, my money was exchanged...
 

with my ex.

Yeah,
Divorce Law in the west sucks. Check your pm.

That would be in a perfect world. But that's not our monetary system. We have more money that we have resources. Do you actually believe that money is such a simple and innocent thing?


NO. Money is an instrument to keep us under control.


We now have Euro. In the near feature we will have Amerro. Then after that we will have a world currency, which is just as good in United States as it is in Japan, Australia, or middle east. We are moving toward globalization.


We will have global ID cards, with biometrics, facial recognition.

We will have chips implanted into us and used for identification.


This whole machine of world we live in is moving toward one thing, ABSOLUTE POWER AND CONTROL. We have a lot to be worried about, because absolute power corrupts absolutely.


Zeitgeist - Part 3: How The Bankers Control the World


Nothing, but nothing in the main stream media makes sense of events now and throughout history. Read and watch as much as "conspiracy" material as possible, and pieces of puzzle start to fall into place.


You think you're free? You are not, you are a slave.

You think you're human? You are not human.

You think above is not true? Well it is true, and I'm not even going to try to convince you otherwise.

YAHOO! Hanson returns!

Wow
 

Most of the topics on this forum I find to be interesting. This one on the other hand is probably the most thought provoking.

Money is not control, greed is control. People's greed is what is controling them. All you have to do is look around and see how the perceived wants and needs have changed.

In most families both parents "need" to work, is this a fact or is this based on our new found "needs".

Most families "need" too cars, is this a fact or is this based on our new found needs.

When I was growing up our needs were far less than our needs today. We didn't need all the things we need today. How many people had multiple TV's DVD(VCR's) in there house. How many people had cars where the rims or stereos were worth more than the car. I think that as a society we have placed alot more value on ourselves than is deserved. It is odd to look at what people are being payed these days. I am hard pressed to understand how anyone could justify a salary in the mid 6 figure range. Who is worth that. Did this person cure some disease or did he just help to spread a growing disease. Sooner or later, because all economies are much more global than ever before, there will have to be an adjustment to compensation. It is either this or we shall continue to be nothing more than a nation of consumers as opposed to a nation of producers.

I think you have it backwards. Or youre just itching to see a conspiracy (notice, I didnt disagree though).

Money is dependent on resources and cannot outgrow them. Period.
What banks are doing is adjusting the money supply, so as to claim more of the resources. That in no way contradicts the iron law that money depends on resources.

Dont believe me, go to present day Zimbabwe, or prewar Germany - total control of the money supply - hyperinflation - but no resources to go with it.

Money is everywhere, you just need to know how to pick it up ;)

Anyways, I have a rich wife that's 2 years younger than me on top (I'm just 25 anyways).

Extension, masterchief is closer to correct. Money is power (real or potential) and control, therefore not limited by resources. and your "Zimbabwe, or prewar Germany" examples are not apt. Weimar Germany was probably the second richest country of the time (after the US). The problem was dislocation in the economy and irresponsible use of the printing press.

Money (power, control) is a socio-political concept and is not limited to resources.

The video was more about The Illuminati / Knights Templar stuff than how to make money.

money is what makes the world go around.

U guys wanna know what will suck up your Money like a Vacuum cleaner? Try having bunches of kids...the newest Nikes,the latest Cell,the latest Xbox,cars,gas,insurance,private schools...We got 9...so crunch those numbers...Saturday grocery shopping is 3 carts... ;)

DAMMMMN =X
3 carts
i look up 2 you know, =D
my dream is to have 7 kids
5-7
i love big families

I am a international business major and they never taught us how to make money. They just taught us how to understand business. You have to learn about money yourself. I recommend reading Robert Kiyosaki's Rich dad poor dad.

What I realized from that book was, you will never be rich if you work for someone. Which is why I opened a retail store 6 years ago, but I closed it due to various reasons. I got a job as a sales manager. Then recently I was selling digital products on ebay and soon was making almost equal my real job. I realized the potential as I could see me making more beyond my real job and was contemplating quiting. Why would you drive, waste time there, and work 10 hours a day for the same pay you can have by just checking email and listing auctions for 3 hours a day while sitting in your house??? If you were to make $100 a day, which is total possible, many people can live comfortably.

Some interesting things I've learned from that book:

-Money is the root of all evil.
-Money makes the world go round.
-Not everyone can be rich. Because if everyone were rich, there would be no one to work. How are you going to buy a BMW when there is no one to sell it because everyone is rich so no one needs a job as a BMW salesman.
-More money will not make you happy, because the more money you make, the more you will spend. People think, "If only I had more money, I will be happy." Wrong because if you did, you will upgrade your Civic to a Camry, and if you were to have more money, you will then buy a Lexus, etc.
-Jobs pay just enough for you not to quit. People only work enough not to get fired.
-Many people think a house is an asset. Yes it is, IF you bought it cash. If however, you have a mortgage, it is owned by the bank until you finish paying it, and therefore it is a liability. Same as your car. I hate it when people refer to their car as their car, as that is technically incorrect.

Gotta Buy your Clothes "Off Season".
Gotta Buy a used car--not new, let someone else take the depreciation.
Buy used-invest the difference..
Good Course--was A.L. Williams,, dont know if theyre still around- but they taught--Buy used-invest the difference,
INSURANCE--Buy Term-INvest the difference,

I've been self-employed for 4-5 years now. Everything I do is online; it's how I make money. I try to only work on things that can run it self at least 90% of the time. I diversify as much as I can, trying not to make more then 30% of my income from any one source. I spend less then what I make. I reinvest my profits back into my businesses. I try and teach to keep sharp.

The thing I found to make the most money online is selling your OWN products. Reselling is okay if you have good profit, but don't work for pennies.

411guru - Robert Kiyosaki's Rich dad poor dad (for teens) or (for adults)?
Kiyosaki has written more then one book and you should look into his others, his books have recieved some amazing reviews.

Adults of course. All that he mentions I already knew in my heart but his books just made me aware it. I will be looking into his other books.

yea, im interested in a couple of his books, need to go and pick some of them up

money is what keeps me, you, him, her, everyone in between HAPPY =D

finally someone watched the zeitgeist movie....

the US federal reserve which is privately owned,loads all the currency to the people and the US government at INTEREST. so who pays for the interest? YOU, all the tax money collected by the irs goes directly to the private bankers pockets. but why would they want to make money on interest when they can print as much money as they want and spend it how ever they like? the private bankers want the whole country in debt and control the people. its just that simple.

Give me control over a nation's currency, and I care not who makes its laws. Mayer Amschel Rothschild, 1743-1812

Banking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits.

Sir Josiah Stamp
former directer of
the bank of england

"When the power of love overcomes the love of power the world will know peace."