Could you explain the last sentence in plain English? "Once upon a time money was a pound weight of silver, so its exchange value equalled its intrinsic value. That could not last; people clipped bits off the edge in ways you could not notice, to make more pounds out of the accumulated snippets, reducing the true value of the official coinage in the process. When we started using intrinsically valueless metals and paper --mere tokens therefore-- we at last seemed to accept that it is not money but what it can buy that matters. And yet even that deep truth has not sunk in everywhere, meaning that too few know that the real definition of "being rich" is "having enough"--not of money, but of what you want to buy." Thank you.
Jul 1, 2015 5:45 PM
Answers · 2
The philosophy here is that being rich is equal to being happy with the things that you have. If you are happy with having three children, then you are rich. If you are happy working in a factory, then you are rich. If you are content to walk on the beach, and you ARE walking on the beach, then you are rich. People often confuse being rich with being wealthy. If you have enough money to buy the beach, then you are wealthy. If you enjoy walking on your new beach, then you are rich. I hope that helps!
July 1, 2015
Thanks a lot.
July 2, 2015
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