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371. Acting Vs Reacting Are You Mindful About Money

Earn & Invest

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Money Versus Currency - The Biggest Illusion

Part of Buddhism is trying to learn to see past that veil. We do the same thing with money and in fact you call these money illusions. If my $20 bill would always be able to buy $20 worth of goods, then it would be really important for me to protect my money. That's not how currency works; if I have $20 today to purchase things, 20 years from now, that's going to be worth about $8 or $9 worth of goods. The basket of goods declines over time and that's called inflation - we're experiencing that writ large today.

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