Currencies are a really interesting thing. After I started to get into commodities and read up on the history of central banks-- the creature from jekyll island

Currencies are a really interesting thing. After I started to get into commodities and read up on the history of central banks-- the creature from jekyll island is a good book on the subject-- I found I started tobsee money fundamentally differently..... I see the paper in my wallet like i see the huge bundles of worthless notes from Zimbabwe.... Worthless. I know intellectually that I can exchange it, but knowing it's eventual and intrinsicev value changed my relationship with it. And in doing so, I realized just how strongly I'd been conditioned, emotionally, and thru rationalizations, to see this paper as money. Not sure if that resonates. One thing I'd like to also put yor ear is the idea of moral hazard. Even when everyone was in denial about the bubble, and trying to not be the greater fool, they had in the back of their heads the moral hazard.... Knwoing if it was really bad, they'd get bailed out by the government. Im not talking about banks, but about real estate agents and home buyers, etc...and they were right!