What is Real Money?

First and foremost, I would like to wish my fellow bloggers a happy and prosperous new year. Now, with that out the way, I must tell you about the encounter I had with my frat brother try'n to run game on me at the frat house. I know hustling is truly an art form. Some niggas have the gift to gab but most niggas don't. And its the niggas that don't have the gift that kills me. Anyway, my want-to-be hustle'n frat brother decided to select me. Maybe it was the baggy jeans and fitted baseball cap ( my I don't give a f#@k look) that brought this n@gga in my direction. He comes up to me and my crew and proceeds to introduce himself. Then, he singles me out and ask me a question. What is real money? So, I look at him and think to myself this must be a trick question. Then, I responded. There is no such thing as real money. The money that people carry around in their pockets or have in their saving or checking accounts are merely promissory notes. They are literally worth nothing; however, they are assigned a monetary value by the federal reserve bank. Note, the federal reserve bank use to back these promissory notes by gold and silver but this is no longer practiced. My frat brother then proceeds to pull out these silver dollars and attempts to explain his conspiracy theory about how rich white folks are using there money to purchase these silver dollars which at some point in time will be worth double or triple there face in the future.

Now, some other n#gga, who must be part of the scam, asks how do you obtain these coins? Then, my frat brother begins to ramble on about these seminars he conducts once a month on how to obtain these rare coins. Naturally, the seminars are not free. Peep this, the seminars cost $55.00 to attend whether you are interested in purchasing the coins or not. I guess this is cost to do business? HMMMMM...

By the time he finishes his speel, I'm looking at this n#gga like he has completely lost his f#ck'n mind. He must have been reading the look on my face or something because he cop an attitude with me like I was not susposed to figure out his game. With that being said, I ask that motherf@cker a question. Do you understand the time value of money? Naturally, he did not have an answer. Now it was time to give him a quick educational lesson. The time value of money simply means that a dollar today is going to be worth more today than it will be tomorrow. For example would you rather have a hundred dollars today or would you rather have a hundred dollar in 1986. Think about it??

My next move was to blow up his conspiracy theory about these silver coins which he insisted would double or triple in value at some point in time in the future. So my question to him was this. How could your silver coins double or triple in value if it has a stated value on each coin. Son, I said to him, your dollars are not making cents. Wouldn't it be smarter to purchase the preious mental itself instead of purchasing a coin that has an implied value? DUHHHH!!! I must have struck a nerve or something because he started yelling at me like I was susposed to get scared. Okay playa, I say to myself, now we got beef. So I grabbed the nigga by the collar. Needless to say, they broke the shit up before it got out of hand. But was I wrong for grabbing that nigga? He was like 6'3 or something. And I refuse to let that nigga intimidate me. So I got at him WEST PHILLY style. What a way to start the new year.