what money really means and how to get rich_139

_{There is almost just as much trust and recognition worldwide of the brand}

_{Microsoft or Citibank as the brand the United States. Hence, the connotation}

_{of money has changed to infer a truer system of direct exchange. Money's}

_{propositional value, while more fragmented, is also becoming more defined.}

_{(It's impossible to guess what a person will want or need on a certain day. His}

_{or her imagination of the propositional value of money is only realized at the}

_{point of sale. Physical currency is generically applicable to any of the imagined}

_{propositions.Yet "corporate currency" is specific to the individual and the}

_{corporation or institution involved in the direct exchange.)}

_{As corporations gain in their exchange value strength with people, people,}

_{too, are empowered. Their decisions about at which places to trade are increasingly}

_{important. Hence, their value increases to the corporation.While loyalty is}

_{rewarded in the form of "credit," the individual still needs to be able to be backed}

_{by "something" on his or her side of an exchange. If a corporation provides a}

_{good or service and credits back the consumer for loyalty, that is only a piece of}

_{a value that can be tapped in the future. Besides, that loyalty credit is specific to}

_{that one corporation or institution and doesn't transduce multiple vendors.}

_{Other forms of credit do, however. A credit account, for example, basically}

_{allows you to spend a certain amount on goods and services on your reliability}

_{to repay—your word only. The idea is that you will take that credit and}

_{utilize its value with multiple vendors.The more trustworthy you are at debiting}

_{back that credit account, the more your "value" increases, and the more}

_{you are allowed to spend on the trust of your word.}

_{This greatly empowers the individual in society because it wipes away the}

_{necessity for a government-backed system of credit, like the currency system}

_{we have in place. Again, the numbers of government-backed notes and bills,}

_{or money supply, is dwindling. Less people use cash, more people use credit.}

_{On average, mortgage debt payments, or the amount we owe on our}

_{homes, represent 60 percent of our earned income. Add to that credit card}

_{depletion in savings kept in cash, from a high of 70 percent twelve years ago}

_{to just over 50 percent today. Moreover, there is almost a zero percent savings}

_{rate in the United States, so any cash that is kept on hand is offset by a liability}

_{to an institution—whether it may be a financial institution, a corporation,}

_{or a utility. Combine all this with the corporate credit programs in existence—}

_{which account for the majority of personal liabilities, not government taxes—}

_{and you have a recipe for corporate loyalty, not government loyalty.}

_{The biggest example of this is government debt itself. Government debt is}

_{manifested as either bonds or currency.}