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MONEY IS CREATED FROM VALUE, NOT THE OTHER WAY AROUND – by Ron Van Dyke (Video)
Monday, July 28, 2014 4:29
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MONEY IS CREATED FROM VALUE, NOT THE OTHER WAY AROUND – by Ron Van Dyke (Video)
Published on July 27, 2014
Trying to help people understand how our economy really works, how money is created, has been one of my most difficult challenges. Let me explain again what value is. Value is in resources, creativity and labor. Most people understand the first one: resources. Oil, as I mentioned a few days ago, gold, silver, precious stones and other metals, food, water, air, and even sunlight. These are commodities well known in our world; but what gives these resources their value? Creativity and labor, or work! Nothing has any intrinsic value whatsoever without the human elements stemming from our creativity and ability to find uses and make products from the resources we have at our disposal. We are the value; and money has been created from our promises to create and work. Of course, it’s fraud the way it’s been done. I hope this video helps clear up some of the confusion.
http://www.youtube.com/watch?list=UUoJE3X0XlU25wc-GWXsdpEA&v=nbPH44m0KGY&feature=player_detailpage
Source: http://nesaranews.blogspot.com/2014/07/money-is-created-from-value-not-other.html
