Regarding money, Casey describes two schools of thought:
- The first, dominant view depicts money and the love of money as the root of all evil. It’s the root of divorces and lawsuits, robberies and murders, lying and fraud. But, although money is evil, it’s a necessary evil. So, those holding this view rationalize, it’s important to acquire more money. However, this is hardly a formula for achieving spiritual serenity and is doubly strange for people who pretend to being detached, spiritual, and ethereal.
- The second, minority view depicts money as a moral good. Money represents all the good things in life one might desire to possess, to do, and to provide for others. Working for money represents life itself and provides a focus for one’s life. There is no quest for wealth but for life.
Confronting money—growing comfortable with the concept—is a subjective, introspective process.
I have had many millions of dollars pass through my hands. But much more valuable than the money are the experiences and knowledge I've gained from the money I no longer have. We come into the world with nothing and we die with nothing. But in between, while we are living in the material world, we try to lay claim to it. That is natural because the first imperative of life is to survive, and the more we have, the easier it is to do so....
Even while we are alive, our ownership of things is fleeting. A fire, a flood, a war, or some action of the government could take it all away in an instant. And even though the situation may, at that moment, seem hopeless, it is not really serious. You finally realize that what you really own are not your possessions, but your experiences, skills, and knowledge. That is all that's really essentially you, and that can never be taken from you. Should you lose your material possessions, as has happened to millions of people throughout the world throughout history, then it is your essential self that will allow you to regain possessions, if you so choose.
Let the discussion begin…
To read Doug Casey’s chapter about money, click on the following link: