qarmstrong on Nostr: If you work full-time, say an average of 37-40 hours per week, then you’ll work ...

If you work full-time, say an average of 37-40 hours per week, then you’ll work around 2000 hours per year for money. Within a lifetime, on average you’ll work 80,000 hours for money. Yet many of us don’t question what money is. The British Pound has lost approximately 98-99% of its value over the past 100 years. Yet many people, me included, just think about how we can earn, save or acquire more of it whilst not asking - ‘what is money?’ and ‘why is everything costing more year-on-year?’.

In 2020, when the world shut down in reaction to COVID-19, I was surprised to see assets and stock prices rocket in value. I couldn’t reconcile how this could happen when so many people weren’t able to actually work or produce as much. Since then, I wanted to understand how money works and as I go along, I thought it’d be useful to share what I come across via a monthly newsletter for everyday people in a hurry. Whilst I’m no expert, the newsletter will translate the knowledge of greater minds than mine into something simple and concise, aiming to ask and answer the big questions about how money, banking and the financial system works.

My belief is that if you work hard for your money, it may be worth knowing more about it. If you think the same, then subscribe to my newsletter at https://www.hardmoneysoftmoney.com/.

#money #economics #newsletter #gbp