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Most Of Us Have No Idea How Money Works
Money, which now is primarily credit, works to keep the rich richer and the poor poorer
Roaring Rivers
Torrents, Currents, and Ripples by Christyl Rivers, PhD
Bankers suck blood more than they provide help
Interest rates are on the rise.
We’ll be okay — for now.
My mother was brilliant.
Although it meant scrubbing floors, classes at night, not going out, wearing only used clothes, picking crops, avoiding every club outing, living without electricity, and hauling water much of the time, she saved every penny.
She saved every penny because, she was determined to make the farm payments no matter what. If they lost the farm, they lost all their work and sacrifice for all the years since Grampa began it, and Gramma took it over.
That was about a zillion years ago, but paying off property is still the way that people accrue wealth. A home is a genuine, physical asset whereas most of our wealth is intangible — not even on paper anymore.
When the coming crashes fall, a house is shelter, at least.