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Financial Friday: Where Does The Money Come From?
FF: Where does the Money Come From?
Real money cannot be created in any way other than providing value. You need some combination of Capital, Labor, Ideas & Energy to create value. If you put these inputs together & the product has more value than it cost for the materials, you make a profit. There is no government that can actually create money. They can only print depreciating currencies. There is no housing provider who has an unlimited source of money. Every time you tax someone to give to another, you are taking from someone who produced more & giving to someone who produced less or…
The skinny
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