meta_pixel
Tapesearch Logo
Log in
Radical Personal Finance

764-Money is the Ultimate Renewable Resource; Time is the Ultimate Non-Renewable Resource

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 25 January 2021

⏱️ 51 minutes

🧾️ Download transcript

Summary

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Radical Personal Finance, a show dedicated to providing you with the knowledge, skills, insight, and encouragement you need, to live a rich and meaningful life now, while building a plan for financial freedom in 10 years or less.

0:10.0

My name is Joshua, today we're going to talk about philosophy, philosophy of time and money.

0:17.0

Because I believe that if you have your philosophy right, and what I mean by right is right for you, then you'll be more empowered to make appropriate decisions with how you use

0:30.6

your time and your money. So in today's show I'm going to give you a menu of ideas

0:37.8

that will lodge themselves in your brain and you can use to analyze your actions and think about whether your actions align with your values and with your

0:47.2

personal philosophy. I have found myself amplifying this topic more than almost any other topic in my private

1:01.0

consulting work. I find myself talking about time and money. I've mentioned

1:07.5

the statement I'm about to make publicly at various times but I haven't really

1:11.7

amplified it in the same way that I'm going to do now.

1:15.0

But I believe it's important and will help you to think about things properly.

1:21.2

Goes like this.

1:30.0

Money is the ultimate renewable resource.

1:37.0

Money is the ultimate renewable resource. There is no limit to the amount of money that is available.

1:45.0

There is no limit to the amount of money that is available in the world at large.

1:50.0

There are hundreds and hundreds of different currencies that have been developed throughout human history,

1:57.0

a thousand, I mean, more than hundreds of we know through all of history,

2:01.0

but there are hundreds of currencies actively in use around the world today.

2:04.8

There are many competing hundreds of new currencies being developed and lobbied for and participated in today.

2:14.0

And most of these currencies have no literal end

2:18.0

as to how much there can be.

2:19.0

Anytime we need more money, we just make more of it, right?

2:22.0

We just print more of it. We just lend some more money out and manufacture some more digits on a

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.