"Don't hold your money, go ahead, spend it!" This classic line from the video below epitomizes not only American (pop) culture but also its lack of understanding of money. Gresham's law that is often worded as "bad money drives out the good". Storing wealth or investing in bad money is always bad investment, but Americans do it everyday. The real kicker of this message is that the driver of wealth destruction is not the form but rather velocity of money. Who can fight that logic?
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