Premium Only Content
What is money and how does it work?
What is money and how does it work?
New Rule of Money #6: Learn the Language of Money
Read blog here: https://bit.ly/definemoney
Get free financial statement: https://bit.ly/masterinvestorfinancialstatment
It’s all around us. We use it everyday.
We can’t live without it. But do we really know what is money?
Learn the 3 step formula to building passive income: https://bit.ly/passiveincome3stepformula
We are talking about money.
If we want to be wealthy, i.e. have a lot of cash flow, then it would follow that we need to know what money is and how money works. Unfortunately, many people think that they know these things, but in reality they don’t. And that is one of the reasons why they never get rich.
Start a business from home fast: https://bit.ly/startanonlinebusinessfast
What is money?
The first thing we must understand when we ask the questions, “What is money?”, is that money has evolved over time.
“Money” was originally in the form of barter, such as chickens or milk, then shells and beads, then gold, silver, and copper coins. They were physical objects that were deemed to have tangible value, and thus were traded for other items of a similar value.
Today, most money is paper money, an IOU from a government, also known as a fiat currency. Paper money is worthless in and of itself. It is simply a derivative of the value of something else.
In the past, the dollar was a derivative of gold; now it is a derivative of debt, an IOU from taxpayers of a country.
Today, money is no longer a tangible object like chickens, gold, or silver. Today, modern money is simply an idea backed by the faith and trust of a government. The more trustworthy the country, the more valuable the money, and vice versa.
This evolution of money from a tangible object into an idea is one reason why the subject of money is so confusing. It is difficult to understand something we can no longer see, touch, or feel.
Resources:
Follow us on Instagram: www.instagram.com/masterinvestor
Listen to our Podcast: https://anchor.fm/masterinvestor
Subscribe to our Newsletter: https://bit.ly/masterinvestornewsletter
Follow us on Tiktok: https://bit.ly/seemasterinvestortiktok
Purchase a business digital Course: https://bit.ly/masterinvestordigitalcourses
Like our Facebook Page: https://bit.ly/masterinvestorfacebook
Join our Discord: https://bit.ly/masterinvestordiscord
-
1:45:03
MASTER INVESTOR
5 months agoMASTER INVESTOR: What Type Of Investors Are We? Discover the 3 types of investors #wealth #freedom
261 -
1:24:46
Game On!
18 hours ago $4.18 earned2025 Sports Equinox Betting Preview!
29.8K2 -
32:51
The Why Files
3 days agoCIA Time Travel Secret | The Grays Are Future Humans
39.1K45 -
30:13
Athlete & Artist Show
22 hours ago $6.47 earnedNew Single Game Shots Record!
42.1K6 -
13:29
Demons Row
15 hours ago $3.11 earnedThings I Wish I Knew Before Joining a 1% Outlaw Motorcycle Club
25.1K10 -
22:24
Jasmin Laine
19 hours agoTrump SLAMS Canada As “Land of PROPAGANDA and Economic COLLAPSE!”
25.6K49 -
3:52
Blackstone Griddles
18 hours agoLoaded Tater Tots on the Blackstone Griddle
17.5K13 -
2:23:33
BEK TV
3 days agoTrent Loos in the Morning - 10/27/2025
22.8K5 -
8:55
Freedom Frontline
17 hours agoNancy Pelosi PANICS As CNN’s Dana Bash EXPOSES Her Fake Shutdown Lies LIVE
21.3K23 -
8:43
Red Pill MMA
21 hours ago5 Reasons Ireland’s New President Is a DISASTER for the Country
14.9K14