Money is a commodity like any other.

Increasing the efficiencies of exchange increase the profit of the exchanger and make it cheaper for the buyer. Failing to make a profit from money exchange carries us back to the European middle ages in which the profit motive for money was zero. It was a Christian sin to make money off money exchange. It also allowed the prince to control all money and transactions since the prince controlled the currency and determined its value.

This is what will happen in any market when we allow the exchange to be controlled by a centralized authority.

Take for example, the dollar. How much is a dollar worth, in gold? Has gold changed value or has the dollar? How did that happen?

The average consumer could care less where their food comes from, as long as it's cheap, and it's plentyful. Which is why we have the problems we have.

I think it's actually called a '' high boy '' which is a self propelled, agricultural sprayer, that can run through high crops such as corn.

Tall Boy - Widespread Panic - YouTube

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On some nights I still believe that a car with the fuel gauge on empty can run about fifty more miles if you have the right music very loud on the radio. - HST

1983 300SD - 305000
1984 Toyota Landcruiser - 190000
1994 GMC Jimmy - 203000

https://media.giphy.com/media/X3nnss8PAj5aU/giphy.gif

You're looking at an incomplete set of data, that and regurgitating your dogma. I'm a big fan of efficiency. I'm not blaming the man, I'm casting aspersions on pea-brained greed. Gold has its uses in the world but piling it in some basement vault as a means of better hoarding wealth strikes me as less beneficial to the world than access to fresh water.

Solution? Yeah, let's band together and prevent people from despoiling valuable resources in service of short term profit. In progress as we speak.

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Te futueo et caballum tuum

1986 300SDL, 362K
1984 300D, 138K

Western banking 'thinking' left everyne affected by the Financial meltdown.
Some problems are that western banking indulges in investing in toxic assets and in leveraged funds. Niether of which supports the real economy.

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CHILCUTT~
The secret to a long life. Is knowing when it is time to leave.

Another good eample of a craving for profit that has nothing to do with efficiency hits close to home for me: the housing bubble. Fools across the spectrum thought they were going to cement their financial future in the 'wealthy' category by building houses like there was no tomorrow, often using cheap illegal labor. Now there's a glut on the market and gentlepersons like me are semi-adrift, hunting for a way to pay the bills.

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Te futueo et caballum tuum

1986 300SDL, 362K
1984 300D, 138K

Those homes are all going to need to be caught up on the deferred maintenance, so they are a gold mine for people with your skills.... provided the market turns enough that they get lived in rather than razed...

__________________
On some nights I still believe that a car with the fuel gauge on empty can run about fifty more miles if you have the right music very loud on the radio. - HST

1983 300SD - 305000
1984 Toyota Landcruiser - 190000
1994 GMC Jimmy - 203000

https://media.giphy.com/media/X3nnss8PAj5aU/giphy.gif

I wrote, "Profit come sfrom increasing efficiencies."

To which you responded, "You're looking at an incomplete set of data, that and regurgitating your dogma."

You could be right. But you offer no proof. In contrast, I offer you the worldwide market and human history as evidence in support of my contention.

A free market does nothing to guarantee that a fool and his money cannot be parted. In does in fact, punish people for being foolish.

That's true, things usually balance out. At this point I'm doing fairly well with kitchen remodels, maintenance, etc. Houses break, regularly.

__________________
Te futueo et caballum tuum

1986 300SDL, 362K
1984 300D, 138K