Money is a mechanism for control.

Money is not wealth. Money is a claim on wealth.

Money flows into the US, and inflates US assets, and allows the US to have a monstrous trade deficit. That means we are consuming more than we are producing.

And each of these perspectives comes to the same conclusion, which is that our global economy is out of control and performing contrary to basic principles of market economics.

My own experience in the third world was that even if people started to make more money, the cost of living and housing increased often faster than the wages.

This is the mechanism by which we withhold money.