When I moved this blog to it's own domain and chose the name "Money Illusions" (plural), I felt it really was the best descriptive words for wanting to share the illusions and false perceptions often surrounding money.
At that time I didn't really stop to think about the term "money illusion" (singular) in regards to the economic principle, which refers to an attitude toward money considered in a nominal terms, rather than real terms.
Just thought I would make mention of that in case any of my readers may have found it to be confusing.
Hence the reason I decided to add this post to clarify the difference between Money Illusions, (from my perspective), and Money Illusion, as explained above!
If I haven't confused you, that's good, but if I have confused you, I can't really help that since it's not the easiest thing to explain.
That's okay, just ponder it for a while and it will make sense. 😉
