Post by Zen Zernanke

1ErJFY…RrW5 Unverified · twetch

Cash is the common language.
Cash is good for measuring the value of all other things.
Physical cash is less than 2% of global wealth.
Checking accounts, savings deposits, and money market funds account for around 1/5 of global wealth.

1ErJFY…RrW5 Unverified · twetch

Because cash is a proxy, its value depends on the production of real wealth, so don't care too much about cash.
If you want to understand the non-cash part of wealth, look at activities that generate a cash surplus and things that people and companies need for their lives.

294 009 sat
What the chain says
Block
959 078
Time
2026-07-23T07:48:19Z
Signer
1ErJFY7wBEwvShFothkejAmorD59fZRrW5
App
twetch
Type
post
Content type
text/markdown

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Signed by 1ErJFY7wBEwvShFothkejAmorD59fZRrW5 Unverified