An age of plenty

Where does money come from is a question for our times

Where does money come from?
I can’t think of a more important or confusing question. When we run short of something in our daily lives we normally do something about it. Whether we are short of carrots, cars, computers or crayons we don’t have to think too hard about what to do. We go to the dealer, supermarket or art supply shop and get what we need.

The truth is that in this age of plenty we rarely run short of anything. We might lack one of these items as individuals. Not everyone has a car or computer. However, society rarely if ever runs out of anything. Our supermarkets are always stocked with food. A variety of stores provide just about anything we need. The one thing we are short of, as a society, is money. So why don’t we figure out where it comes from and do something about it?

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KFR 25th May 2019

SUPER FUND RESTRUCTURE
The great news is that with the election out of the way we can clear up some of those nasty super funds with their fees for no service. Where to start? Surprisingly, despite the Finance and Banking Royal Commission’s general approval of the union funds’ stewardship, that is where our restored Federal Government has its sights. Plans are to “liberalise” appointments to industry boards. Only friends and family need apply.

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