The Goldilocks of Money

Hey Jesseemingly unknown

If you're following my blog lately you'll notice that I've been posting a fair bit about money. I can't speak for the rest of you but I do think a fair bit about money. I think if I had enough I would have so much brainpower to use to think about other things that I could invent more things to make money, and I'm not even the worst of it.

I think the direr your situation seems to you, the more you fixate on the money. We never seem to have enough of it, we're always wanting more and finding ways to justify why.

There really is no limit you can always move the goalposts.

Due to our current financial system, thefts of the past, and in an exclusive formal economy we've designed a trickle-up system that benefits a select few pooling large amounts of money in the process while the rest compete for the second tier reward pool.

The second tier reward pool might be far bigger in terms of value and numbers, but its more competition and to extract that wealth is a lot harder.

These seemingly parallel yet somewhat integrated systems have lead to a pretty interesting dynamic I would say and I call it the Goldilocks decision.

Image source - thenational.ae

Money has too polar opposites each with their own unique effects on humans.

Too Much Money Without Working For It

If people get money too easily, it becomes funny money, I'm not talking about rich im talking about wealth

If you just give your kids money without requiring them to do something to earn it, you will likely end up with spoiled, ruined adults, have you seen what spoilt rich kids are capable of or they way they think and see the world? It's not just those who are raised in wealth without work situation, we've seen that given wealth can ruin you even if you never had it from birth. Examples of free money ruining lottery winners’ lives are so common as to be a cliché.

This is not just solely exclusive to the wealthy, the poor also suffer from wealth without work. Welfare programs from around the world are meant to do good but often keep these people down as they are hooked on the free money and showing no ambition to use it constructively.

There isn’t any question that giving people money without work will almost always end badly.

Too Little Money For Too Much Work

On the other hand, too little money, people either having no jobs or jobs that pay so little that full-time workers are still living below the poverty line, also makes a mess. Poverty is an accelerator for other problems and is contagious.

Having too much unemployment can turn firstly into a crime spree and then escalate into civil war. As soon as people feel dehumanised by their conditions and become disillusioned with the system, they are bound to rise up and try to take.

Taking is always seen as the answer in these cases.

What exactly is just right?

I have no idea myself, we're all figuring it out as we go along!

Up until now money has been a monopoly with a select few thinking and contributing to how it works, how it is valued, where it goes, who should get a piece of it and how it is used. Its a system that has worked the way it was designed to and it's now under threat.

If we know anything about humans it's that self-interest trumps altruism when in a position of power which is why antiquated systems like these are allowed to continue on long after its expiration date.

Cryptocurrency may not be the silver bullet evangelists are screaming about but its an alternative, a way to opt-in and out of the systems currently in play. It shows the blatant misuse of the current financial system and dishonesty that is rife in it.

It might be fare from disrupting it but cryptocurrency has clearly got their attention and hopefully get the old system stakeholders to think a little more critically on how this wealth distribution and accounting system should work.

What do you think is just right? What would you feel is the right amount of money for you to be happy?

Have your say

Holla at me in the comments! All my commenters I will now refer to as Jessie. Jessie is a good friend of mine, but Jessies got a girl, and I want to make her mine.

So have at it my Jessies! If you don't have something to comment, simply comment "I am a Jessie."