Namaste, Welcome to SAM-VAD (Together In Conversation) to the ones paying heed, this is where we try to draw your attention to things that matter and the importance of our attention, why is that? Now ‘let us remember this again, ‘What we give our Attention to matters,’ as Our life’s experience would ultimately amount to whatever we had paid attention to.

Attention: is as fundamental as food; and we go blundering about, seeking ways to assuage the craving, instead of learning how to provide ourselves with what we need, sensibly and calmly. Once our attention is drawn to the mechanism of why and what we give attention to, it is as if a veil has been stripped off and we become freer in our action and choices. And that is our endavour.

This week I bring to your attention an excerpt titled – Money and Financial Markets from an article titled ‘The Difference Between the Real Economy and a Perpetual-Debt Economy’ contributing writer George Kasabov.

This article tries to explore the “real economy,” and the modern “money economy.”

Money and Financial Markets

In the market for “real” goods, debt and credit are intertwined. They depend on each other. A sale is a credit made on trust, with the expectation that it will be repaid – and that will be the end of it.

So the “real” market only needs money as a measure of value, and a means of payment; it circulates, greasing the wheels of commerce as it goes.

However, unlike the market for real commodities which is based on payment when the deal is done, the modern market for money and its derivatives purposefully has no expectation of final repayment, no closure of accounts. There is only a need for money to remain permanently available, liquid.

Excerpt from ‘The Difference Between the Real Economy and a Perpetual-Debt Economy’ contributing writer George Kasabov

I am sure that you will enjoy reading this article; you can click on the following link:

Risk, Gambling, and Financialization

Enjoy reading it with your family, friends and near and dear one’s.

Namaste!