Page 267 - THE PATH

Each valuable thing contains invested labour, expressed
in various forms. A rich man actually owns immense

invested labour, expressed in money or valuables. For
example, if somebody wants to build a house, he does not

need to do it himself. If he has enough money, he can

have it built or purchase it. The people who build the
house get paid in money for their hard work. Their

invested labour is expressed in money. Multiplied
accumulated labour expressed in money or gold is put in a

safe box, in a safe place (bank or vault). Today this is a
fact.

Money can lose its value in time. Suppose your
grandfather put $5,000 a hundred years ago. At that time,

it was a fortune, but today it can only cover the cost of an

exotic family weekend.

The money kept in a vault of a bank can disappear if the

bank catches fire. Even the taxed and clean money on
your account devaluate on a daily basis. I will provide an

example.

In 1998, a coffee at Starbucks cost $1.5. Suppose you had

saved $ 150,000.

267