Where Do You Think Your Money Comes From? (Don't Look If You Think You Know)

@mythociate (21437)
Oklahoma City, Oklahoma
July 23, 2012 2:46pm CST
I'm sure most of you have a "contract," and you're satisfied with that. And that's fine if you want to stop your search for the source there, and want to consider your contract the source of all the money you can make. But--if you step back from that 'golden spigot'--you'll see that something has to supply it, and that something has to supply its supplier, etc. Where does it all start? Short answer: Congress. Longer answer: Congress deciding to imbue a certain printed-material with bartering-power. And the printers of that material (or the keepers of the printed-material) give-or-loan it to your employers to give to you when you fulfill your contract (who then hire you and keep the money you bring in to pay themselves and -to repay the printers/keepers). How will knowing that change the way you think about taxes, -wages & -the buyer's market we live in today?
1 response
@owlwings (43915)
• Cambridge, England
23 Jul 12
I suppose that you are talking about the actual, physical 'dollar bill' (or its multiple) which you get when you draw cash from an ATM or get in change when you pay for something with cash in a store. Yes, it's a promissory note (not exactly a contract) and not 'real money' (there is actually, and never has been, no such thing as 'real money'. What you say changes nothing about the way I think about taxes, wages or the buyer's/seller's market. Also, I know nothing about 'Congress' because I am not American, so it doesn't affect me at all (unless I happen to be a visitor to your country, in which case I have to be respectful of the institution and its laws to the minimal extent that they are allowing me to visit your country).
@mythociate (21437)
• Oklahoma City, Oklahoma
23 Jul 12
The 'contract' I'm talking about is a signed-agreement between an employer and the employee---something like 'if the employee is verified present at such-and-such place doing such-and-such work for so-many hours, then the employer will pay the employee such-and-such amount.' And 'real money' is like a 'real god'; it's not "real" in the sense of 'having material presence as measured by at-least 4 dimensions (width, length, depth, duration, etc.), but it's real if "two or more people" believe in it