” My own experience in the third world was that even if people started to make more money, the cost of living and housing increased often faster than the wages. “


” Money flows into the US, and inflates US assets, and allows the US to have a monstrous trade deficit. That means we are consuming more than we are producing. “


” Money is not wealth. Money is a claim on wealth. “


” Money is a mechanism for control. “



All 4 David Korten Quotes about Money in picture


My own experience in the third world was that even if people started to make more money, the cost of living and housing increased often faster than the wages.
Money flows into the US, and inflates US assets, and allows the US to have a monstrous trade deficit. That means we are consuming more than we are producing.
Money is not wealth. Money is a claim on wealth.
Money is a mechanism for control.

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