So often people post on here with little thought for how their words are being conveyed and one has no idea what they're getting at. If I had a dollar for every time I've read an ambiguous post, well I'd have a lot of dollars.
Economics fool chiming in...
Are you saying that bigrcanada is an "Economics fool"?
or
Are you saying that the presenter Mike Maloney in the video Tok posted is an "Economics fool"?
or
Are you saying that you are the person "chiming in" and you're labelling yourself an "Economics fool"?
The links you've provided are typically typical in their common outbound messaging of what currency is and what money is. Sentences like this
"A much more general use of the word currency is anything that is used in any circumstances, as a medium of exchange. In this use, "currency" is a synonym for the concept of money"
do little to get at the heart of what Mike Malone is expressing about the wholesale fraud that has been perpetrated on the citizens of most jurisdictions where the government issued currency is nothing much more than government issued debt without any intrinsic value.
I think the messaging in those videos is of profound importance for all peoples of the world and something everyone should be considering and taking to heart. As normal though, only a small portion of humanity will bother to work out what the true difference between currency and money is, and there'll be much pain and sorrow and "why didn't someone tell us?!" cries of injustice (usual 'human history repeating') when it all unravels.
So for everyone I think it requires a "Note to self": take steps to get ready for the inevitable collapse of fiat currencies and ensure your wealth is stored in something that's real 'money'.
