Money is
Money is such a thing that everyone from beggar to trillionaire wants to get it. it is not just a piece of paper but it is an addiction it itself. Money is such a language that everyone know from PhD clerk to illiterate mla. It is only many that has made the people living in the forest sit in these cloud. touching building to vehicle that run faster than the wind. Money is a piece of paper which has no value in itself. but it tells you the value of other things.
Now the question is from were did money get so much power?
Thousands of years ago humans used the barter system for transaction where to buy one thing you had to give somthing else. That is if someone has ham& bread and need soy sauce. Then he has to find a person who went to sell soya sauce and at the same time needs ham& bread. Due to many such problems people thought something different and started commodity people made money out of everything the was useful to everyone and people started doing business though cattle grain tobacco and liquor. But there was a problem with this too. It was very difficult to find out what is the true value of what I have? and the commodity used to get spoiled with time the animals bought used to die and the grains used to rot. now man needed something which was universal and the coins made to gold and silver started but this two legged creature had to problem with this too. a long with carring heavy gold there was also the fear of theft. So some goldsmiths and other people together found a solution. he said to the people you can your gold with us we will keep if safe. In return that goldsmiths would have given a piece of paper. In which if was written I have kept this much of your gold which was called you meaning l owe you. By showing which people could take their gold back anytime. Everyone likes this idea very much and people started keeping their gold with them. But then after some time the goldsmiths realized that after marking this system almost no one came back to take their gold. And everyone started doing business only through that receipt. Because everyone was convinced thare is a receipt it means there must be gold too. Now after understanding this the gold smiths got greedy. Now the receipt made by their hands had become money. That's why they started marking fake receipt. They didn't even have gold with them but still they used to make more receipts this is now the world biggest legal scam started which is still going on. That gold safekeeping shope was the world first bank. And that receipt was the world's first currency means note.
Banks biggest scam.
- There is a big game behind it which most of the people do not know.
- That bank can easily make your deposit of 10000 dollars to 100000 dollars and can do business with it.
The bank will keep 10% cash reserves to per the value and will give the remaining 9,900 dollars on loans to someone. But watch carefully what happened here. If you check your balance after depositing your money you will be shown the same. 10000 dollars and here the person who had applied for the loan and the bank give his balance he will also see 9,900 dollars.
This means both of you have purchasing power of 10000 dollars and 9,900 dollars in your hands. Whereas in reality that bank has only 10000 dollars in cash. Means that bank just by typing some numbers on its computer created currency of an extra 9,900 rupees in the market. Which is of course virtual because there is no cash to back it. And this game does not end here it goes much further.
Like the person who applied for a long of $ 9,900 he would not have applied for the loan without any reason. He must have needed those 9,900 dollars to buy something and when be spends the money this money will simply be transferred from his account and deposited in someone else's account and the bank will again reserve 10% of this rs 900 and again lend the remaining $. 810 to someone else. In doing so a bank simple does business by converting cash deposit of rs 1000 into virtual currency up to dollars 10,000 you think your money is safe in the bank wich you can withdraw. Whenever you want but this is not true at all.
If only 10% to 20% of people go to withdraw money together then then the bank will not be able to return your entire money to you. Because they don't have all your money because of the fractional reserve system in operates only for possibilities. For example if you add up the bank blane of a all the bank account in the world and it is 100 thd. Lees than 10 is available is red cash monon then 90% of the rest is just virtual digit which only your can see on your mobile or computers screen. this illusion on Monday has been deliberately made complicated so that the common man cannot understand it esliye and remaind trapped in this system.
This is the truth about money.So in the end I would like to say that do not run after money and live your life openly.
Thank you.........
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