Check My Sums

Economy

: the process or system by which goods and services are produced, sold, and bought in a country or region

: careful use of money, resources, etc.

: something that makes it possible for you to spend less money

Not using money carefully or spending more money or not producing and participating -> no economy

Money

: a medium that can be exchanged for goods and services and is used as a measure of their values on the market, including among its forms a commodity such as gold, an officially issued coin or note, or a deposit in a checking account or other readily liquefiable account.

Money = made up measure and without value unless exchanged. (And is especially ridiculous in an invisible form.) So profit = waste.

Value

: the regard that something is held to deserve; the importance, worth, or usefulness of something.

: principles or standards of behaviour; one’s judgement of what is important in life.

Where money is spent = what people value. Is this equation true for you? Correct it if it is wrong.


If we do anything other than break even, the balance is wrong.

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