Skip to content

THE DESENSITISATION OF MONEY

One of the most fascinating characteristics of money is how it can go from the highly emotive construct of survival to a mechanical ritual to pass the time. The same person who worries endlessly about paying their mortgage will later be seen in a casino or amusement arcade feeding a fruit machine their hard earned wages with little interest in the winnings.

In the world of e commerce a similar situation presents itself. Endless gaming or filling the front end of some spammy sales funnel with charges of thousands of dollars for a spurious so called back end product or service.

Everyone values money differently and each individual will put a different value on their purchases. Some communities will see an education as the best investment in their offspring. Others will spend vast sums on so called business opportunities in a vain hope to attract more money. Poorer people often spent a majority of their money on immediate wants and needs as they feel their funds are capped and cannot visualise a time when they will be better off.

Online methods of extracting money from the unaware punter are closely associated with gambling where money becomes a commodity.. It is only when they actually run out of cash and can’t pay the bills does money reassert itself as an emotional function of survival.

Peter Bull Get In Touch

Published inBusinessEducationalMoney
Share via
Copy link