The hole truth about money and getting our hands on it

Business

The hole truth about money and getting our hands on it

Scarce capital is not political. It’ll go where it achieves the returns it needs. It is clever and selfish. It has to be

Mark Barnes

I can’t imagine what goes into the building of those super-yachts that dock in Monaco, playground of the rich and famous. What do you get for the aggregate $5bn gathered there? Engines, navigation systems, hulls and fabulous fittings – that’s it – for R75bn.

Money has moved on from simply being a medium of exchange.

Money is used to to buy influence. Money thinks it can buy power.  Money is the new settlement currency for disputes, the alternative punishment, the alternative forgiveness. Money can buy just about anything, until it gets found out. Money can buy you a nationality, a new place to call home. At a price, you can get a whole new set of friends, a new found patriotism and allegiance to the flag of your choice. ..

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