ELI5: Explain Like I'm 5

Veil of money

Okay kiddo, let's talk about something called the "veil of money." You know that money is what we use to buy things like toys or ice cream, right? Well, sometimes people use a lot of big words and fancy terms to talk about money, and one of those terms is the "veil of money."

The veil of money is like a big blanket or curtain that separates the things we buy with money from the actual things or services themselves. Let me give you an example. When your parents use money to buy groceries, they don't actually see the vegetables or fruit until they open the bag at home, right? That's kind of like the veil of money. The money acts like a barrier between the buyer and the thing they're buying.

It's important to remember that behind the veil of money, there are real people and real resources. For example, the money that your parents used to buy groceries probably went to pay for farmers to grow the food and workers to transport it to the store. The veil of money just makes it seem like the money magically gets turned into food.

Some people think that the veil of money can make it easier for people to spend money without really thinking about what they're buying or where it's coming from. That's why it's important to remember that behind the veil of money, there are real people and resources that make it all possible.