There is no such thing as a value of money, and therefor, you should not hold on your money, but neither spend it, without making profits.
Actually, you should always be spending.
Profit means, that you get something, which you can resell for more money.
But let us say, you buy food for your self, and spend $50 on food: Those $50 should come back to you, in form of profits or earnings, if you are employed.
But can we apply this rule on every person?: It is impossible, that every person can make profits. You can only make more, if someone gets less. You can only be rich, if there are poor people. You can only win something, if someone loses.
The key of profitmaking, is the time factor: The faster you get rid of your money, by buying goods, and reselling them for a profit (any profit, is good), and the faster you buy new goods for reselling, the wealthier you are.
Or, in other words: The faster your money flows (input and output), the better for your wealth, and the better for economy.
Saving, is not very smart. But if you are not good in making profits, than you are safer by saving. Just: That money could be lost, if the bank collapses.
Basically, your money on your banc account, is not really yours, as long as it is there, on the bank, because the bank is working with it, and looks at it, as their own capital, until you claim it again, for getting cash, or for doing money transfers.
Money only works, as long as it circulates. To keep money flowing, you need cash.
Items may be hard to sell and to cash in, but they are true values.
Speed, and the time frame matters, within which you pass on your money.
The fact, that you have given away a coin or bank note, creates a virtual value, because you have given away something that you had before, and that stands for "work" or something else.
The "passing on" of a virtual value (money) creates the believe, that money stands for a value.
By circulating your money, you are keeping a belief alive, about the importance of money. And the believe in money, is nothing else, but another religion. Something like: "In money we trust". That is what they actually meant, when they wrote "In God we trust". The Federal bank, is quasi acting as a God. However, the Fed is not trustworthy. Most of the so called "money", is only hot air, and has no coverage. But everyone thinks, that money is covered. Only a small amount of the money is covered. The rest, is only for speculation.
If you choose to become rich, you have to make the poor a little bit poorer, and the existing rich, a little bit less rich.
The battle with existing rich, won't hurt them much.
If your competitors, are really hindering your success and profits, then it is clear, that you must become better than them. Or: you look for niche market, and start from there (less competitors).
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