Priced In Eggs

Humor me for a second… What would you do for an egg? [Unsubscribe]( [Wiggin Sessions] August 17, 2022 Priced In Eggs What would you do? — Klondike [Addison Wiggin]Dear Reader, Humor me for a second… What would you do for an egg? Would you work for an hour? Probably not. Now riddle me this: what would you do for a dollar? Ten dollars? One hundred thousand dollars? Dollars are way more valuable than eggs; we’d do almost anything for a lot of them. What I’m getting at: money is what Mark Moss calls a “language of value.” [Click here to hear him break it down.]( Like a word, money is a vehicle. It represents something. For example, you can buy a carton of eggs for $1.83 in the United States. In exchange for my money, I can hold an egg in my hand, crack it in a pan and fry it for breakfast. Or vice versa… If I have a bunch of eggs, laid by my chickens in their coop, I can get money for them. This idea – the science of exchange – is at once the simplest thing (everyone does it) and the most esoteric (nobody really knows why). All we know is that we use money all the time. [It makes the world go round](. And it drives us crazy. Without getting too metaphysical… I just wanted to remind us of the importance of understanding the real, tangible value of our dollars. We forget that each dollar actually represents something, because the act of exchange is so commonplace in our everyday lives. We use money all the time and don’t think about what it means. This week’s Session with Mark Moss and Aleks Svetski is all about [why “money is fundamentally misunderstood.”]( It was an interesting discussion. We touched on some really key principles. And by thinking about what money actually is, it puts us in a better position to do what we really want: get more of it. [You can watch the Session by clicking here](. Follow your bliss, [Addison Wiggin] Addison Wiggin Founder, The Wiggin Sessions P.S. If you like what you hear from Moss and Svetski, check out their new book, The Uncommunist Manifesto on Amazon, [right here](. --------------------------------------------------------------- Do you really understand how inflation works? [Listen to an ex-Goldman banker explain it clearly, by clicking here](. Ed. note: Got something to say? Send your feedback to The Wiggin Sessions, [here.](mailto:WigginSessions@5minforecast.com) Follow the Wiggin Sessions on Social Media! [Facebook Group]( [Twitter]( [Instagram]( [YouTube]( [LinkedIn]( [The Financial Reserve]The Wiggin Sessions is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Consilience, LLC. delivering daily email issues and advertisements. To end your The Wiggin Sessions e-mail subscription and associated external offers sent from The Wiggin Sessions, feel free to [click here.]( Please read our [Privacy Statement.]( For any further comments or concerns please email us at support@5minforecast.com. If you are having trouble receiving your The Wiggin Sessions subscription, you can ensure its arrival in your mailbox by [whitelisting The Wiggin Sessions.]( © 2022 Consilience, LLC. 808 Saint Paul Street, Baltimore MD 21202. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security they personally recommend to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Email Reference ID: 400WIGED01