Our currency is like current in the sea.
The stream ebbs and flows, directed by the banks on either side.
‘Liquidity’ is literally current-sea that is available.
Water is a metaphor for money
We use marine and aquatic vernacular to generically describe financial terms every day without even realizing it.
(above) The Black River Bank of Watertown, New York was established in 1844 and ran until 1864 when it became the First National Bank of Watertown -obsoletecurrency
When someone spends too much money too fast, they’re told: “money goes through your hands like water.” And when we’re out of money, we are underwater. We’re washed up, even if we pool our resources together, we’re insolvent. But sometimes a friend may bail us out, like our government has done with banks and businesses in the past.
“We could say the government spend like drunken sailors, but that would be unfair to drunken sailors, because the sailors are spending their own money.”
-Ronald Reagan, 40th President of the USA & originator of ‘trickle down economics’.
If you want to sell your car, you put it up for sale(sail?). If we purchase a car we might get it at fleet pricing at the dealership to gain ownership. If we buy it online, it’s cheaper to pick it up than to have it shipped as cargo.
If someone offers a loan at an extremely high interest rate, they’re called a loan shark.
If money doesn’t have a fixed exchange rate, it’s a called a floating currency.
The analogies between water and money are probably as numerous as the ocean is deep.
This is only the tip of the iceberg, since water is also representative of human anatomy, our court system, law, and who knows what else.
Can you think of any more current-sea and maritime money connections ? If you can, let me know in the comments.