WHAT IS MONEY IN THE EVERGREEN COLORADO REAL ESTATE MARKET
Money is the object we use to pay for goods and services we want. Money, in and of itself has no real intrinsic value, other than that it is accepted by the society as an exchange. Once an economy moves beyond the barter system, local custom will establish some form of payment. Money is created by a community when the citizens start to produce an abundance of either goods or services. This is a result of either overall surpluses from boom years or as a result of specialization. How can I accumulate a days labor an exchange it for fuel, or food, or shelter? Well the answer is money.
For centuries most money was called Commodity Money because it was either minted out of a valuable commodity like silver or gold, or it was redeemable for something accepted as valuable, like silver or gold. Eventually a civilization grows too big to be carrying large amounts of gold and silver around, so those who store the gold start printing bills or receipts for the gold you have accumulated. Eventually the bills become accepted as money. When that system of storing vast amounts of a precious metal become unrealistic, societies then authorize what is called Fiat Money which has no intrinsic value and can not be redeemed for any precious metals. The American Dollar is Fiat Money.
Today, most money is not even printed but is created electronically by the Federal Reserve and their private banking system. The Federal Government does not print or create money any longer, it has given the right to create and control the money to the Federal Reserve, a private bank. The major reason American is bankrupt is because the Federal Reserve creates money and loans it to the government with interest. The American government should be creating its own money and paying itself interest. The interest could then be used to fund government services like defense, intra-structure, and Congress.
Mortgage money for buying EVERGREEN COLORADO REAL ESTATE is created when you take out an EVERGREEN COLORADO MORTGAGE. The only value in the money created is Your promise to repay.
It’s time to return to good old fashioned American ingenuity and thriftiness, and use what resources you have left to protect yourself and your financial future from the government. A home is a hard asset and is historically the best investment in difficult times. Not only will you make money but You can live in your investment, while you will enjoy special income tax treatment. We are MARK ENGLISH REAL ESTATE and DISCOUNT MORTGAGES SERVICES and are Your one stop shop for all Your EVERGREEN COLORADO REAL ESTATE and CONIFER COLORADO REAL ESTATE. We are also an EVERGREEN COLORADO CUSTOM HOME BUILDER and are looking forward to serving You with all Your Real Estate needs. Please, give us a call at 303-674-0148, Email us at markenglishrealestate@msn.com or visit us on the web at www.evergreencoloradoliving.com . Don’t forget to register for Your FREE BUYER INCENTIVES.