Posts Tagged ‘flow’

“Notice the core around which the banking — and all financial — business revolves. The flow of money.” -Ryan Griggs

Money Flow

Posted: April 21, 2018 in Money Matters
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“Whereas the flow of water is determined by the laws of physics, the flow of money is determined by the choices of men (and women).” -Ryan Griggs


“Here’s a chart based on research from the Economic Policy Institute that describes the problem. As you can see, productivity in this country grew nearly 250% between 1948 and 2014, but median wages only grew 109%…You’ll also notice that the divergence begins around 1971… the year President Nixon removed the U.S. dollar from gold.

Why? Because paper money doesn’t transmit gains in productivity like real, sound money should.

In short, when the dollar was unlinked from gold, the government was granted the ability to create unlimited amounts of new money. But this money doesn’t flow to everyone equally. It is created in the banks, and then works its way through the financial system before eventually trickling down through the real economy. The result is that asset and consumer prices have risen far faster than wages.” -Justin Brill

Flowing Money

Posted: October 26, 2015 in Money Matters
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“Money doesn’t flow easily from those who have it to those who don’t.  It takes more than thinking.  It takes time.  And it takes work.” -Mark Ford