This Article is translated by DeepL Translator. The original Post in German can be found here.

In the last days and weeks I have had to realize that only very few people have understood the concept of money. When asked "What is money?", the majority of people answered, "I use it to pay bills and to go to the supermarket."
That's basically right, we all do that. However, the question did not relate to the use case, but to what the numbers on the account reflect. To find an answer to this question we travel a few years into the past, about 3000.

Since people have been living together in groups or clans, the division of labour has established itself as a proven means of survival and growth. As everyone knows, at that time barter was used to satisfy the needs of the community and oneself.
As the groups and clans grew larger and larger, the first problems inherent in bartering became apparent.
Let us take the following example to show the problems:
The fisherman Ismael went out with his boat at dawn and spent the whole day fishing. When he went back to the coast in the late afternoon he had 10 kg. Freshly caught fish on board. In his head he made a small "shopping list" of goods he urgently needed and wanted to exchange for his fish. The 10 kg. Fish in his boat are not only goods for the exchange, but also reflect his work and the time spent on it, i.e. the performance he rendered on that day. ( Work : time = performance ).
Back on the beach Ismael went to the miller, because he needed a sack of flour and wanted to exchange this sack of flour for the fish he had caught. Unfortunately the miller did not need fish, but needed new sandals. So Ishmael went to the shoemaker and offered the shoemaker his fish in exchange for sandals. The shoemaker went into the business and via the detour of the sandals Ismael came to his flour.
None of this is new and it has been described many times, I know that already. But interesting is the approach of the services rendered in our little example. Ismael exchanged his performance, the fish, for the performance of the shoemaker, the sandals, and finally the performance of the shoemaker for the performance of the miller, the flour.
It should be clear that Ishmael was under a certain time pressure to exchange his fish. Since the fish did not become fresher, but would have been spoiled after about two days. So if Ishmael had not been able to make a deal, his performance would have been diminished.
With the introduction of commodity money, i.e. shells, gems, metals, etc., a time dimension was added to the barter trade and a real peer to peer system was established.
Ishmael no longer had to make several barter transactions to get his flour in the end, but he exchanged his fish for, for example, shells, with the person who wanted fish. He then exchanged his mussels with the miller for a bag of flour. Through this detour via the mussels, Ishmael could now buy his flour whenever he wanted, because the time pressure caused by the spoilage of the fish was no longer existent. At the same time it was now possible to exchange directly with a prospective buyer.
It is very important to understand that the mussels now reflect the performance ! The bartering itself has not changed at all, Ismael still exchanges his performance with the performance of the miller, but it is not the fishes that show the performance but the mussels.

Back to the present.

The number that appears in our accounts at the end of the month, i.e. our respective salary, reflects our performance in that month. When I now go shopping in the supermarket, I exchange my performance for food, via the detour of money. So we see that the barter trade has been maintained until today. I exchange my service for the service of another person.
Now let us suppose that somebody comes and says that your service from last month or last year is worth less today. So in retrospect your performance devaluates without you being able to do anything about it. Sounds somehow presumptuous and above all unfair. Unfortunately, it is exactly that, the retrospective devaluation of your performance is the order of the day and happens all the time without anyone being very upset about it. One calls this procedure inflation. Every percent of inflation reduces your performance already achieved! And to top it all off, they talk about inflation figures that are not true. In this video I show how high the inflation really is and how much your performance is actually reduced.

I hope I have been able to open the eyes of some with this post and explain how we are all, day after day, deprived of the value of our achievements and thus gradually expropriated.

I take the liberty of recommending a very readable book here, which describes the whole madness of central banks and governments and shows the consequences of this. Here is the Book in english

In this sense

Tschüss Euch

Translated with www.DeepL.com/Translator (free version)