Page 268 - THE PATH
P. 268
If you do the maths and divide 150,000 by 1.5, the result is
100,000. So in 1998 you could buy 100,000 coffees with
your money.
Today the same coffee costs $ 3.5. If we add 1% interest
to the $150,000, the savings amounts to $175,000 but with
this money you could buy only 50,200 coffees.
This simple example shows that in 17 years, savings in a
bank loses 50% of its value, which also means that the
value of the invested labour decreased by half.
From the example above follows a logical question, who
has stolen or taken half of the money without any crime or
accountability. Where did half of your invested labour
disappear?
Do Martians come and steal our money? How long will
they be robbing us of our invested labour?
Some clever people know this very well and turn all their
money into gold to be sure no one robs them of their
invested labour. This is apparently a better move but not
quite sustainable. This is why.
Suppose there are 100,000 tons of gold in the world and
this quantity does not change.
268
