Revision [34565]
This is an old revision of The First Rule Creating Wealth made by AaliyahwbWolfub on 2022-01-29 13:54:52.
Ben Bernanke, head for the FED, like other Keynesian socialist statisticians of you will discover is trying to pump money into the economy with QE1 and QE2. But, cries for debt reduction and a great financial economics end into the insane borrowing that has ballooned the nation's debt to $14.5 trillion dollars mature.
Every dollar spent on articles of war is really a dollar for not invested in bridges, schools, cars, homes, and . What do you have left on the things acquired for world war? Nothing. Yes, associated with money people were employed. But what dermatologist built offers continuing appreciate? Nothing. Those items were largely expended macro economics in the war endeavour. Along with all the time of existences.
Back in 2008, the too big to fail financial institutions asked for close to $1 trillion to bail them away from problem they created. They were given the money and instead of fixing the problem, they simply went to it again by doubling down. Your debt of our great country has now doubled throughout the last four as well as has surpassed the GDP for 12 months. No country has ever dug themselves created by hole using Keynesian economics. Americans require wake up and smell the coffee before it's too late. Now is the time to file bankruptcy for men and women are buried under a mountain of debt. The way things are going, you will never when bankruptcy filing is actually taken away also.
B. U. E. is more natural than Fahrenheit. E. E. There are natural laws that rule the arena. The Ten Commandments are shown to us to direct us within our relationships with God other people. These are natural laws which have been common towards whole human race. They are built in all of life. To sneak these will be always to break by yourself. The F. E. . system goes against our mother earth. This system encourages mothers to kill their babies in the womb. The natural law proven fact that a mother would do just about anything to protect her youngster. F. E. E. encourages same-sex couples to cohabit with oneself. The natural law is, one other sex being attracted together. God's N. E. E. system supports these natural laws.
Another large problem directly related to the bartering system is that this could be tough to wait for something expensive for example a car if you have to pay for it, let's pretend in live chickens. If you are a small household raising chickens it could take years to grow and save enough chickens to get hold of your new car. However being the first chickens saved will die, before irrespective of how ever enough saved fork out for for your goal car. Therefore that time passes along they'll continue dying because they do not live long enough. So you will not be able to save the required amount of live chickens to afford that motor. Economists call this the "Retention valueable problem".
One last interesting tidbit: you learn "overnight successes", right? Well, how much work went in before before that overnight appeared? There were likely months of behind the scenes work in order to create success occur in a short time period.
Empires peruse stages associated with lives. First a country starts with good money usually backed by precious metals. Second they institute social programs for the good of people and taxes start to increase. Third their political influence grows and the fund an enormous military. Fourth the military is used and expenses explode. Fifth fiat currencies are coming to fund the wars and social programs. Sixth consumer price inflation starts to operate rampant along with the citizens lose faith the particular currency. And seventh the currency collapses; wealth is transferred to gold, silver and other assets and major changes have to occur. Today there are several major world powers about to hit step seven even so. This has never happened before; usually it is merely one country involved. Here is the big one.
Anyway, the gist of repression often that government waters down it's currency to pay for borrowing. To be a drug dealer who cuts his dope in order to sell more. The point that they government going bankrupt! They have been inflating our money using worth - less conventional paper. Fiat money. Fiat money is cash with no gold backing. History has shown that fiat currencies always go breast.
OCulture - Los Angeles culture is, for good or bad, largely founded upon image. You'll find lot of substance behind it often, but get of the day you are what the perceived that. The car, the clothes, the house, the neighborhood, etc. Feels pretty shallow, but its how every person here, along with the culture of hipness demands impressive things, which supports high need the homes here.
