It is somewhat popular saying that money has no colour. It is interesting to know that most often, the recipient or the owner of money is least bothered about the colour or shade of the money. It is only for the people that are curious or have a ring-side view that are interested in the colour of "that" money!
Yes, money does have colours or shades. It refers to how that money was acquired (not necessarily earned) by the owner. There's the white variety, there's the black and there's the other - the tainted money. In a way, you can consider that the tainted money is the subset of the black money.
So what's the difference between these monies? There are many, but most differentiators are relative. Relative to the owner, to the prospective owner, to the government, to the people and to anyone and everyone... Why everyone? That's because everyone is interested in money, theirs or others'.
In holistic terms, white money is earned through legitimate means and black money is either earned through illegitimate means (tainted) or has been hidden from taxation.
More on the origins of various monies later...
K Venkatesh
Yes, money does have colours or shades. It refers to how that money was acquired (not necessarily earned) by the owner. There's the white variety, there's the black and there's the other - the tainted money. In a way, you can consider that the tainted money is the subset of the black money.
So what's the difference between these monies? There are many, but most differentiators are relative. Relative to the owner, to the prospective owner, to the government, to the people and to anyone and everyone... Why everyone? That's because everyone is interested in money, theirs or others'.
In holistic terms, white money is earned through legitimate means and black money is either earned through illegitimate means (tainted) or has been hidden from taxation.
More on the origins of various monies later...
K Venkatesh
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