The next class meeting, my Professor taught the class how monetary system works, how financial and banking system could ‘create’ money supply as derivative of base money.
My hatred of monetary system grown deeper.
Right that second I thought, how people in banking system could create a lot of their ‘own money’ while millions of the rest struggle to earn some. So unfair.
As I have broader knowledge of the economic and monetary system, my logic thinking of monetary money has grown better. Then I could understand how economic system wont work unless there’s this monetary system. Chaotic, unhandled, and undistributed. (I dont want to give you all economic lecture because it’s not my intention to discuss).
Do everything for money
Million people commute to their office kilometers away from home to earn some money. People bribe other people to earn money. People working nonstop to earn money. People are in street to ask for money. People lied to earn money. And everything else to earn money as their time and energy are just for earning money.
To be able to eat more, dress better, and sleep better.
But,
How much food can a person eat?
How many dresses can a person wear?
How many cars can a person drive in one time?
How many residences can a person stay for a day?
Yes…Not much …. but why do people intend to earn as much money as they can? To buy all those things
I think because “we believe in” money so much. That money can do everything we want and beyond imagination. Put it economic logic, when all people believe in the same thing (that money could do everything), the business works. People do everything, legal or not, for money…money…and money… like nothing else matter.
