> ## Content Index > Fetch the complete content index at: https://pulpconversations.com/llms.txt > Use this file to discover other available public pages before exploring further. # Honest Money - URL: https://pulpconversations.com/honest-money/ - Published: 2026-02-14T21:49:36.000Z - Updated: 2026-08-21T11:50:44.000Z - Description: Shout out to Gary North 🪦 - Author: Vinay Gupta - Tags: Podcast, #Migrated-1787171093388, #Import 2026-08-19 16:25 Crusoe tried to estimate what tools would be most valuable, given his new environment. The value of a tool as far as he was concerned no longer had anything to do with the money it cost originally. --- On a permanently deserted island, money isn’t wealth. Not even gold. It’s heavy. It displaces tools and sinks rafts. It’s a relative liability. --- Value is determined by what those who value `it` expect that `it` will do for them in the future. --- Equal price != equal value in the minds of traders. If it did how would anything ever be bought and sold? --- Voluntary exchange is **predicated on the inequality** of the exchange. --- Money allows us to change our minds inexpensively. We can make mistakes about what we need or want, and still recover. --- Money isn’t wealth if you are all alone. --- The free market is just a collection of people focusing their attention on their own personal and family needs. --- Our ancestors voluntarily selected what they wanted to use as money. They did not need a committee to make this decision for them. --- Tampering with society’s physical standards is a sign that men have already ~~tampered with~~ corrupted the society’s moral standards. --- Coin clipping (tampering) is an ancient practice. This is why coins have those little ridges around them. --- If we rig scales to cheat customers, we are implicitly saying either that God doesn’t care or that God can’t do anything about it. 🤯 --- Money that is artificially overvalued by the government will drive out the money which is artificially undervalued by the government. --- But remember, the public wants to be deceived. The public wants to (maybe needs to) believe in something for nothing. The public is crooked, too. --- If you enjoyed these reflections, cop Gary’s book *The Biblical Blueprint for Money & Banking* ##### Music: YUKON (Remix) by Fortun, Flaiir Beats, T.ito [Subscribe now](https://www.pulpconversations.com/subscribe?ref=pulpconversations.com)