Post
Topic
Board Economics
Re: Money is all wealth?
by
slapper
on 12/06/2024, 18:06:36 UTC
Now it seems to me that money is all there is to survive in the world. Since 2020, since family finances have worsened, it is slowly seeming like money is everything in this world. Where there is no money you will find nothing. There is a saying that many people say, money can never buy you happiness but to me this is the funniest saying. Because without money you can never get all the things you want for happiness. In every case in this world you must depend on money to survive. Now I have to force myself to believe that at the end of the day it seems impossible to run this world without money. Where you have to depend on money to do every job or take every step, from studying, there is no other way and at the end of the day it seems to me that studying where there is financial insecurity is also unusual or not worth it.  Because when you see that your father in your family has taken the responsibility of your entire family on his shoulders and it has become much more difficult for him to carry the responsibility of the family, then you will no longer want to do anything other than earning money, then only the sense of responsibility will work in your head. I don't know how accurate my words are but to me it seems right now in this situation.
Money is a resource, a means of exchanging some material goods for others. Wealth doesn't just focus on money. Wealth is a complex of resources, one of the elements of which is money. And in the end, storing wealth in money is very stupid (inflation, my friend).

Wealth is not the money itself, but the means of production (business) that generate income. Money can be considered the equivalent of wealth, but this is only a subjective assessment. For example, take Amazon, which is valued at ~$790 billion. Here, wealth is created by the business itself (infrastructure, clients, etc.), and the valuation on the stock market is that very subjective assessment. The value (wealth) here is not the conventional numbers on the broker’s screen, but the material (and intellectual) property.
Sure, inflation stinks. Money is like a leaking faucet; it is always losing value. But paper stacking isn't the way to true wealth. It has to do with experiences, possibilities, and independence. It has to do with making investments in your community, your hobbies, and in yourself. It's the capacity to change things, for real. That's the kind of money that is worthwhile seeking