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Showing posts from July 11, 2012

Water and Money

M oney is like water. It only has real power when it is in motion. I grew up near the Mississippi River, but I also grew up near a swamp. The swamp just sits there and grows stale. The Mississippi River is constantly flowing with millions of gallons of water. One might wander where all that water comes from. It comes from a bunch of smaller rivers and streams, which are fed by rain water. And rain comes from clouds which come from the ocean evaporating. But the ocean is filled by rivers like the Mississippi. You’ve heard it all before. It is just one big cycle. And so it is with money. Big corporations pay their workers, who go out and buy things from store owners, who buy things from big corporations. We use terms like trickle up economics and trickle down economics to address the question of whether money flows from companies to the people or from the people to the companies. Usually, we are asking the question of whether it would be better to give corporations money or to give...