Wealth

   There is a huge confusion as to what constitutes wealth. Wealth is often measured using data dependent on the supply of central government notes. Meaning if there are 10,000 notes in the money supply, then the wealth of the nation is 10,000. If only 10 notes were printed, then wealth of the nation is only 10. Thus GDP for the most part is just monetary data.

  GDP = Government spending + Private Spending + Gross Investment (Exports - Imports)

  However the above data is often misleading because Government spending is measured in Central Government Notes. Private Spending is measured in Central Government Notes. Gross Investment is measured in Central Government Notes. Exports minus Imports are measured in Central Government Notes.

  As a result of this, we are not really measuring GDP any more. We are only measuring the supply of Central Government Notes.

  We can increase the GDP by simply printing more Central Government Notes. As these notes are injected into any of the above sectors, that sector will expand in the value of said notes. If all of the sectors are injected with more notes, then all of the sectors expand in the value of said notes.

  Thus there is a very real confusion as to what constitutes wealth. Personally, I would argue there are two kinds of wealth. Physical and tangible wealth vs Monetary wealth. Physical and tangible wealth being the size of your home. The number of clothes in your closet, how much food sits in your refrigerator ect. And then monetary wealth which is basically how much in Central Government Notes you possess.

  This is not to underestimate the psychology of the modern man. Paper money is real money as far as the Modern Man is concerned. All men are conditioned to believe it is so. Historically, paper money was only a representation of ounces of gold that were supposed to exist. Today they are legal tender as far as the central government is concerned. Thus compensation paid in the form of Central Government Notes are enforceable by law. And thus Real Wealth, such as the Physical and Tangible will flow to those who have the most Central Government Notes.

  Thus why those who possess the most Central Government Notes often own the largest homes, the largest number of clothes, and the most extravagant meals.