“On a biological level, the brain registers money as something valuable - even a dollar bill which has no intrinsic value, it's just paper.” ValuesLevelsBrainPaperBillsDollarsValuableRegisterIntrinsic ValueDollar Bills Author:Kabir Sehgal
“We are privileged that the dollar is the "currency of last resort" and the most important currency in the world. Global commodities are priced in dollars. Central banks in other countries hold great quantities of dollars. The dollar was the safe harbor, the port in the storm during the credit crisis.” WorldImportantCountryLastsSafeCrisisDollarsCreditStormQuantityCurrencyOther CountriesCommodityPrivilegedResortsHarborsPortCentral BanksSafe Harbor Author:Kabir Sehgal
“Money is becoming increasingly plastic and digital. If there is a major disaster, let's say an asteroid strike, we'll go back to trading meats and furs. We won't need an abstraction, a dollar bill, but real tangible goods to survive.” IfsNeedsRealBecomingMajorsBillsDollarsStrikesDisasterMeatDigitalGoodsPlasticAbstractionTradingTangibleFurAsteroidsDollar Bills Author:Kabir Sehgal
