Someone shared with me once saying, “After a taste of blood, like a vampire one will thirst for more”. *Gulp!* Suddenly I found myself having a cold sweat and my hair spiked abnormally, as I listened intently.
That someone I knew was from the sales line and the “blood” here is figuratively speaking in reference to the most sought after; the slick, seductive and temptress object which is also responsible for making us slog like hell day-and-night, fight among ourselves in the name of it like there is no tomorrow and changing the hearts of men after hitting the jackpot. The object is none other than the item most idolized in the world and the language universally understood – “MONEY”.
Why are we talking about money in Buurps.com when it’s irrelevant to food, one may probably be asking. Well here’s the logic – “money is power”, right? For consumers, the power is translate to purchasing power, which has relevance to your grocery shopping purchases and dining out prices.
However before getting into this aspect of money, how about we find out what is money, how money works, what is the power of money and what can it do to you if you got reckless mishandling it. All this information is with an objective that is to find out what is a proper perspective of viewing the concept of money.
Quite frankly, opening an economic textbook and reading on the topics about money, the banking system and world of capitalism can be quite a complex and chunky matter. The understanding of the concept can be confusing and some textbooks may not be explaining it clearly, leaving one with a half baked knowledge.
I found the information in this video to be easily digestible when comes to these topics. It’s a holistic approach in viewing the money, its role in today’s world and the alternate thoughts in solving the problem caused by it.
What has it to do with us when the context of documentary is in reference to the Americans? The key is to extract the concepts. If you can see and digest the information in a proper context, it can be interesting to see the alternate perspectives on this matter and knowing the working of others in trying to solve the problems.
It’s undeniable that not many may agree with the alternate ideas, we’re not promoting them either. Our purpose is merely to create an awareness of the existence of such unconventional thinking – the idea of self sufficiency within a community in contrast to the idea of globalization, seeing nature as the economy, understanding the ecosystem of the natural world & learning how to convert its value to create a better environmentally sustainable economy, concept of cooperation rather than competition in human interaction and establishing the idea of mutual credit system.
In our local situation, here are some information for your read about the Malaysian economy, what is the Malaysian Ringgit, who is Bank Negara Malaysia, and the Bank Negara’s role. I’m sure there are more reads on these topics via offline materials too if more homework is done at your end, in order to have a better understanding on the monetary system of our country.
Everyone knows money is a sensitive issue, whether you can be upfront with it, is another matter. “We need to be having these conversations because it’s the only way I know of to help us make better money decisions. It won’t be easy, and we won’t always like the results. However, we certainly owe it to ourselves to try.” (Carl Richards, A Disconnect in Money, Logic and Emotion, 7 October 2013)
As my parting word, everything that needs to be said has already been said, now it’s your turn to find out whether if the said information is valid in our local context. 😉