Why People follow the money Follow the money as a catchphrase became popularized by the 1976 drama-documentary motion picture All The President's Men. All the Presidentâ€™s Men was a political thriller was set against the backdrop of a political power struggle. All the President's Men is a 1976 American political thriller film directed by Alan J. Pakula. The screenplay by William Goldman is based on the 1974 non-fiction book All the Presidentâ€™s Men by Carl Bernstein and Bob Woodward, the two journalists that investigated the Watergate scandal for The Washington Post. The film starred Robert Redford and Dustin Hoffman. Now Timaya, the great Timaya has a new song titled Money featuring Flavor, in which they sing about how people run when the money has finished. When money no dey, people run away, even girls begin to gboso. So as it seems, that's what happens, when you have money people tend to come to you. But when you no longer have the money, people tend to go away. Why is that? What is the real economics going on here? Well, what is happening is this. That you have money, is a signal to people that you have a huge amount of wealth. So in actuality it is the large amount of wealth that you seem to have that is attracting the people. After all, wealth measures the value of all the assets of worth owned by a person, community, company or country. So wealth is the essentially the accumulation of resources. That a person has huge amounts of wealth signifies that he or she has a good network of people and facilities with money. So most people then see your money and believe that if they get closer to you, they could be a part of your network and have access to some of that wealth that you have, and that can make them money. Oh and of course they might also be able to weasel some of that raw cash from your hands, and that would be a good thing for them. But most of all, it's that access to your wealth they are looking for. So when you seem to have money, people will come to you, but when money no dey, people will run away. Our hidden economics for you.
Posted: Nov 2nd, 2016 @ 09:02:49 AM