Work Is Not Money

Work Is Not Money

10,000 People In A Room – Work is Not Money.

 dollar bills

Let’s suppose that you have 10 people in a room and that each of these people has ten 1 dollar bills – that’s $100. They can buy, sell and trade and seem to have enough money. Some may have a few dollars more, but there is enough to go around – the money supply is adequate for commerce.

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Now, imagine adding 10,000 people to that room. Would there be a shortage of money? Of course; $100 is not enough money for 10,000 people to conduct their business.
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Now, suppose that the 10,000 people work very hard, 20 hours per day and that they produce multiplied truckloads of wealth – good products that everyone can use.  How much money is there in the room?
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Still $100.
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Work does not increase the money supply.
Producing wealth, sometimes referred to as “production”, does not increase the money supply.
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In today’s system, only borrowing increases the money supply.

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