money in...

Nice to have some money come in for a change.  Morning gig welding up a dish mount for a new Big Bend Telephone customer.  Afternoon gig selling the go kart.  78,88,46,0,C

ONE CENT

Been thinking about this since a relative sent me a link last month...money vs. wealth.

"Money is a system of abstract tokens that complex societies use to manage the distribution of goods and services, and that’s all it is. Money can consist of lumps of precious metal, pieces of paper decorated with the faces of dead politicians, digits in computer memory, or any number of other things, up to and including the sheer make-believe that underlies derivatives and the like. Important differences separate these various forms of money, depending on the ease or lack of same with which they can be manufactured, but everything that counts as money has one thing in common – it has only one of the two kinds of economic value.  Economists call those use value and exchange value."

I suggest you read the entire piece here: 
http://www.peakprosperity.com/blog/80556/tangled-relationship-wealth-money

For 5 years I have been trading savings which only has exchange value in order to build The Field Lab which is just beginning to have use value as well as exchange value.  The plan is that each penny spent will earn a return worth much more than value of the minted token.  Instead of investing in gold or silver, I have been investing in systems to grow food.  Precious metals might be a hedge on inflation, but you can't eat them.  75,82,34,0,W,0