Many of us are raised to believe in many things we can’t see. Whether it is God, the idea of freedom, or money in a bank. We are told it is there and we are told to believe that. How is it possible a piece of green paper can be worth anywhere from one dollar to a hundred dollars? They are both made from the same material, but we are told they are worth different amount. Money, like any item, is only as valuable as somebody makes it to be. There are very old coins that are worth more in antique value than their actual monetary value.
It is funny how we say we have a specific amount of money, but we never see that money in a physical form. At any one time, people carry anywhere from ten to forty dollars in their wallet, but they also carry around a piece of plastic that tells cashiers at various places that people do have the money needed to buy a specific product. Many people never see their paychecks as they can be directly deposited into their bank account, which is also another place people never actually see. There is a lot of trust involved on the peoples part. The French trusted America to put aside gold and label it with their name. While France could not see that act being done with their own eyes, they trusted America that they did it.
While every monetary system may have its issues, America’s certainly does, in the end it works. We have faith in our money and believe when our bank and government tell us we have this money. We may be blindly following a false concept, but at the end of the day, people trust numbers and words on a piece of paper. We need to trust the idea of money more than the actual money. If its there, its there.