It's Actually NOT About the Money

Have you ever heard anybody say that there's not enough money to go around in this world - that there's not enough money for everybody to be rich?

Well, that's a bunch of baloney - here's why.

Ever notice that some towns (and some countries) are richer than others? In the case of countries, some "experts" like to tell us that the richer countries are richer because they are exploiting the people in the poorer countries. This is such a well-worn discussion that we won't go there. It's hard to do fresh thinking in a stale atmosphere.

So let's put this at the level of towns. This way, maybe we can bring new eyes to the subject.

Take two towns. They could be just down the road from each other, or they could be half a world apart.

Now, in Town A, say population 10,000, there are a few very rich people - maybe 50 of them. Enormously rich. They own everything. But all the other people, all 9,950 of them, are desperately poor. No one has a trade, nor a shop, nor a craft. They're not allowed to, and they don't even own their own homes. The very rich people are heavily taxing and over-charging for everything, so the poor people don't have a chance to save and escape their poverty.

Many are homeless, living under bridges... until the authorities discover them and order them to move along.

In a town like this, there will be many beggars and thieves.

The rich people will live behind ever-higher and ever-thicker walls. Bars on all the windows. Security guards.

Meanwhile, over in Town B, the situation is different. There isn't such a big difference between the rich and the poor. Most of the people fall somewhere in the middle range.

In this town of 10,000, maybe 8,500 have shops or trades or other skills. Virtually everyone is gainfully employed. They provide a wide range of services and products to each other, and anybody has the opportunity to learn a craft, work hard, save money and support their own needs through their own work.

Which of these two towns would be the more interesting place to live? The one with lots of thieves and beggars, or the one with many tradesmen and craftsmen? Which town would have a better selection of goods and services available?

In Town B, the rich people are not as rich (relative to their poorer neighbors), but they may actually have more money and own more goods. (Probably have more friends, too.)

Then, there's the matter of safety. When you go to bed at night, which town would give you a greater sense of security, less likelihood of being robbed?

So when I hear people say there isn't enough money in this world for everybody to be rich, I have to laugh. Money doesn't come from governments printing up pieces of colored paper, nor pressing disks of metal. It comes from people exchanging value with each other.

Produce more value, and the money follows. Always.

This is one of the great principles of riches that is so often overlooked when some so-called "experts" talk about money.

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Cheers from warm and smiling Thailand,

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