Five Fictions of Modern Finance

. 1. Money is Wealth: far from it. Money is just a promissory note that others will honour that piece of paper. Meanwhile, the government continues to print more of it and distributing it as per its whims and fancies. 2. IF YOU INVEST IN MONEY, YOUR WEALTH IS PROTECTED: Sorry buddy, your money is depleting in value by the day. You need to invest in assets, and currencies are not assets 3. DEBT IS SAFE: Nothing is farther from the truth. The rate of increase of your money in debt is always less than the rate of reduction in purchasing power. In other words, your real returns from debt which is your nominal return minus inflation, is always negative. 4. GOLD IS A USELESS ASSET, AN UNPRODUCTIVE LUMP OF METAL: On the contrary, gold is currency. Gold is money. So is silver. 5. IT IS UNPATRIOTIC TO BUY GOLD, MODI ALSO SAYS SO : HA HA HA HA... If you believe blindly in patriotism you are either naive and foolish, or in the army. Patriotism is a fiction, just like religion, to keep the masses under subjugation and the rulers in power. All Central Banks including the Indian Central Bank are buying gold at a furious pace while trying to ensure that their citizens don't buy it. Let me know your thoughts

A single flight of stairs

Just watch at the airport. After check in, to go to security, you have to climb  just one single flight of stairs. 

No one takes the stairs, everyone uses the escalator.

Some of them  are people wo  will be using a Stairmaster in the gym under the supervision of a personal trainer. 

Some of them, especially the MNC types, will be participating in  one weekend marathon a year so that they can post it on linked in. 

Some of them will be tracking all their vital parameters through their smartwatch, and asking AI to analyse the results and give them an optimal life plan. 

All of them if asked, will say that fitness is key and functional fitness is more key, since that is the new mantra.

But none of them will climb a single flight of stairs.