And now for something a bit different:

What is money?

What is the use of it? How should it be used?

Money is all shapes and sizes. It is paper, metal, beads, numbers recorded on paper, and so on. It comes in all shapes and sizes. But there is one constant with it. The idea that you can give it to someone and they will give you something back in return because you gave it to them. That person has confidence that they can pass the mone on to someone else in excange for something they want. So we have a dependency, a trust.

In the exchange cycle above, both parties were pleased with the transaction. They felt they hd a deal. Thus the value of the medium of exchange (money) is enhanced.

Where someone steals money from another, there is a debasing of the value of the money. For the thief, there was nothing given up, so the money means nothing. So it gets wasted.

What about the person who makes a lot of money? They have created something that a lot of people want, or a big item that someone wanted enough to pay the big bucks for. But there is an exchange of something valuable for something valuable.

So, howcome a lot of people are poor? Why don't they find something that someone else wants? What is there? Nothing readily to hand, but if the person exerts some thought and effort to it, he can find something that someone else wants, and if he creates it, someone will buy.

But, how does the new item get created? The product creator goes to a place where the raw materials exist, or where the knowledge is, or where the mentor can be found. He gets the data/materials and works on a device to transform the materials into a product.

Now, notice something. The raw materials, library, mentor, device of transformation. Where did these come from? Each day you go to work on roads (even though more and more of them have potholes!) use electricity transported from a power station somewhere, directed by traffic lights, and so on. Who put those there? How would it be if they had not been put into existence?

So, is it too much of a leap to postulate (theorise) that in order to make an area thrive economicaly, you need to put in place the basic items that thriving businesses crave. So, how much would that cost? Who would fund it?

What happens when an area thrives? Money is created. With more money there is prosperity and there is more taxes paid. So the money used to create a thriving area can be replaced at a later date by taxes derived from the thriving area. And this money can be used to take the thriving area to the next level!

Now, how does this get kick-started? In developed countries, the basics are in place. So all that is needed is people with ideas and vision to forge paths ahead. So, how do you create such people?

Hmmmm! Lets think on tht a bit!

Stephan