Today’s post comes from a Chick-fil-A where I just spent $19 on what amounts to three kids meals and a chicken sandwich. This is not a complaint but a fact of reality. Nowadays a cup of coffee is upwards of $3.00 and date night costs as much as a yearly membership to most kids’ or a month at a really nice Gym. Such is the price of life in America, and we pay it, because we feel these prices are a bargain compared to what we could be paying in other places. Last night my wife got a bit upset with Walmart. There are many reasons she could and should be pissed at the ‘mart, but this fresh anger was brought on by their online store. She saw some outdoor furniture priced in the $3000 range. She felt it was ludicrous and it is, but I am also sure it exists because people will buy it at that price, which brings me to my point of the day.
The worlds financial engine is predicated largely on the principles of supply and demand. Where there is significant supply and little demand, prices are low. Where there is the reverse the reverse will likely be true. A wise businessman can manipulate these factors, artificially raising or lowering one or the other in order to create value. Meanwhile, the value of fixed and plentiful items remains the value that is most often manipulated, like water. That was monetized in a major way in our lifetimes.
I am no economist, but I am curious to know what will be the next big monetization. We monetized failure with the creation of derivatives, so anything is possible. Maybe we can monetize birth rates.
Some Thoughts:
1. I was thinking about souls and what happens when the well of souls is full. Will, at some point in creation, all the lives ever lived need to be recycled because we have reached the limit of all imprinted souls in creation? What would it be like to wake up 876 trillion years into the future. What would reality look like?