Money- Wealth Creation Guide

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Money- Wealth Creation Guide Page 31

by Phillip Seanego


  This is how money relates to value. Money gains more value when it exchanged with human needs. Money loses value when it is used to meet human wants, and where there is no value, money becomes worthless. The same 10 rand note becomes worthless. We must create real value, and match our GDP growth with human needs, not wants. Because needs represent the highest value of money, money is more valuable when it meets human needs. That should be the case, as value is not the same.

  I hope this helps you in the creation of value. Know the difference; know which value is worth more than the other. A bag of tomatoes might cost less compared to a diamond, but when it comes to money validation, tomatoes are worth more than diamonds. If you create more diamonds than food, you end up with poor economic conditions. You need food more than you will need diamonds. That’s all I am saying. This is not from any economic books; I just hope it gets you thinking. Money in circulation is always given value by the production of real value. Employment, currency performance, social, material and financial wealth, all depend on meeting more human needs compared to human wants. Human needs give money more value than human wants.

 

 

 


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