Joshua Maponga is forcing people to ask a simple question: what exactly did we exchange for our land, gold, labor, and resources?
You sell land for $10,000. Five years later that same land is worth $10 million. The land still exists. The paper money is worth less every year because governments can print more of it at will.
One side gave up a real asset. The other gave up paper backed largely by confidence and promises. Then we're told this is "wealth creation."
The modern financial system often rewards those who own assets while impoverishing those who sell them. That's why so many nations rich in resources remain poor in reality.
Food, land, water, energy, minerals, and labor create wealth. Paper merely measures itâuntil it doesn't.
