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West African Wisdom About Money For The Modern Age

West African Wisdom About Money For The Modern Age

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Key Takeaways:

  1. Ancient Wisdom: Old stories, like the tale of Anansi the spider, still teach us about power, trust, and how those ideas show up in today’s money systems.
  2. Gold and Natural Law: Gold has long been trusted as money because it’s rare and takes a lot of work (energy) to dig out of the ground.
  3. Power of Central Banks: When central banks like the Bank of England and the U.S. Federal Reserve were created, they gained control over money. But this also led to more inflation and higher taxes.
  4. Bitcoin as the Modern Story: Bitcoin is like a new version of the Anansi story—it breaks the old system and offers a new kind of money that is limited and not controlled by any one group.
  5. Building a Better Financial Future: Many people believe the future of money will rely on things that can’t be easily changed—like gold and Bitcoin—to give more people control and spread wealth more fairly.

Chapters:

Timestamp Summary

0:00 The Evolution of Banking and the Role of Anansi

8:56 Central Banks, War Financing, and Economic Consequences

13:50 The Impact of Mood on Perception and Spiritual Alignment

15:22 Bitcoin's Role in Rebuilding a Trustworthy Financial System

23:11 Embodying Wealth and Helping Others When They're Ready

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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.