Most people think having money means having capital. Paul Musson explains why that is a fatal mistake. Capital is the actual value we produce, like the goods and services we create. Money is just the tool we use to exchange it. In this clip, Paul breaks down why the creation of capital is what actually moves the world. If you confuse the receipt (money) for the value (capital), you will never understand why your savings are losing purchasing power. Full Episode:
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