I remember facing a dilemma in choosing subjects for high school. After choosing the regular math, sciences and literature there was a slot left and there were 20 different choices and about even more opinions about them.
I remember vaguely a discussion about starting my own business once I graduate and what would be needed for it in the future. At that time economics seemed the most reasonable choice and I went for it.
To say that studying economics was an eye opening experience would be a gross understatement. The truth was that up until that point I always thought that cash is money and what you convert cash into assets that multiply it.

Little did I know at that time that it is the hard assets and human element that are the true sources of wealth and liquid cash is a mere way to settle short term transactions.
When I look back at the whole situation I think how in the world can a boy come to such an unreasonable conclusion. Of course I feel embarrassed but I also feel that what is what the world sub consciously teaches us. To think that liquid cash is the real money is one thing because that is what child sees but to think that it is the source of wealth is too far gone a conclusion for an reasonably intelligent mind, even if it is an immature one. Until and unless there is a shadow force working to make sure that true knowledge of the wealth of the world remains in shadows from the younger generation.

I found your article quite compact and filled with important tid-bits that are so very important to get a grasp of cash flow cycles and where they emerge from. It kind of sent me down the memory lane..............