Fiat Current Sea: Maritime Money

Our currency is like current in the sea. But a better analogy would be a river, since the flow of water is directed by the banks on either side. The river-banks control the current; the money-banks control the currency. This is why our ‘cash flow’ is a ‘liquid asset‘.   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 we make a lot of money, we make barrels of it. But if we are broke, we’re in deep. We’re literally drowning in a sea of debt. Or maybe we’re in hot water.  Our bank accounts have dried up. The economy can be tough and…

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