On Making Money ... in a Global Market

America's greatest innovation was creating an infrastructure for making money.

Before America, everyone could transfer one form of money (i.e. 20 pigs) into another form (i.e. 20 gold coins), but economies rarely grew.

America made it easier than ever before to grow or make money i.e.

▪ the pig farmer saves his coins in a bank
▪ the bank loans half of his gold coins to a man hoping to build a new truck factory
▪ the truck factory pays wages and buys supplies for manufacturing
▪ the factory workers buy bacon and clothes
▪ the bank loans more of the pig farmer's money to a truck parts supplier
▪ the suppliers buy shipping services and pay workers
▪ the trucks made by the factory drive a need to build new roads
▪ the taxes paid by the farmer, the truck company, the bank, the shipping company and the equipment suppliers pay wages for road workers and supplies for construction
▪ the shipping companies buy trucks from the truck company
▪ the shipping company uses the trucks and new roads to carry more freight at lower cost
▪ the truck company and the shipping company repay their loans to the bank with interest
▪ the bank pays interest to the pig farmer
▪ some successful employees from the truck company leave and start a car company
▪ the workers of all the companies buy more bacon, clothes and houses and have children who drive a need for schools, construction, stores, more roads and cars,
▪ all the companies use the roads to pay less for shipping, supplies and to get more employees to work

in short, the farmer is able to sell to more customers at lower cost,
those that have creative ideas are able invest their time, money, ideas and effort to start companies, hire workers, sell products and gain a return (wealth) on their investment
by using money saved to support the creation of new wealth, the economy grows
money is made at every level.