First is this definition from L. Ron Hubbard:
Money is an idea backed by confidence
That's an interesting definition, because it tells you how come the Federal Reserve has been able to create money out of nothing for so long and yet it still has value. People have confidence in dollar bills so, despite the fact that the Fed has been printing (and I mean that in the electronic as well as the ink sense) money by the truck load, which under normal circumstances would make the money worth less and less until it became worthless, there are still plenty of people in the world who have confidence in the dollar.
That may or may not last. But it is the key to surviving this current crisis.
For more data on money and finances there are these courses you can take:
Those will help.
1 comment:
It is a policy of mine not to post comments from anyone who uses "anonymous" in their screen name. But that doesn't stop me from responding.
I got a comment from some anonytwit saying that this post proves that Scientology isn't a religion because the Church offers two courses (out of hundreds of courses) that deal with money and finances.
What utter nonesense.
Firstly, What is wrong with a Church helping its members to achieve financial stability when that helps them to make spiritual progress? If you are worrying about how you are going to pay the rent or feed your family, you aren't going to have much attention left over for spiritual activities.
Secondly, if people want to know what policies the Church follows in budgeting and sensibly managing parishioners donations because these policies can be applied to the finances of an individual, then why not?
Really, anonytwit, you either didn't think it through, or you didn't want to. Which was it?
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