How does money work?

A bit slow and rambling to start, but an excellent explanation of exactly how money is created:

http://www.youtube.com/watch?v=XM906ojWHMY

 

thanks for the suggestion.

 

Buy and read "Economics for Real People" by Gene Callahan. Intro to Austrian econ; to the point and mechanically true. Better than dozens of youtube videos.

 

Most potential traders learn how money evaporates.

A fully differentiated mind grows money.

work is the fertilizer and bullshit has very short legs.

 

Forget how it is created and just make money.

 

Money is not the problem. People are the real problem.

 

http://www.lietaer.com/2010/03/the-worgl-experiment/

 

'Money' is non interest bearing demand credit that we use by law to settle debts and pay taxes. What else do you need to know about it?

 

The real business men will always make the money work for him and not work for the money, this is the smart peoples way of earning money where as the rest of the herd is behind the money.