Business & Finance Economics

The Current Economy

Now, I'll bet you that if I entitled this post ECONOMICS, you wouldn't read it! Okay, I may be wrong about you, but most people would be turned off immediately.
The word has connotations of something terribly complicated and beyond most people's ability to comprehend.
Economics is simply the study of how people get the physical things they need AND WANT (two entirely different things by the way) and the economy is changing globally.
However, it's not just changing now; it's changing ALL the time and has been changing since people started trading with each other.
People often confuse money with wealth.
Money is a medium of exchange, nothing more.
Real wealth is stuff that is produced in excess of what people need to survive.
The actual physical stuff is actually NEVER increased.
All of the "stuff" that goes to make products CHANGES it's form, whether it's a mineral dug from the ground (iron, copper etc.
), vegetable matter like cotton or animal products like calcium, fat and protein etc.
It NEVER disappears from the planet; it just changes its form.
Deep stuff I know! So, if you understand this fact, you then realize that real wealth production is done in the CHANGING of the planet.
Change is not only inevitable, but good.
Okay, I admit that we humans have made some huge errors over the course of our history, and the planet could do with some cleaning-up, but for the most part, change is both inevitable and it's good for us.
And, we ARE learning from our forefathers' mistakes.
But back to the economy.
There are all kinds of plans currently being considered to stimulate the economy, and printing a lot of currency and giving those pieces of paper to people is one of those ways.
I'll let you consider the ramifications of simply putting lots of paper money into the financial system yourself.
The ONLY way that we can REALLY stimulate economic growth is the way it CAN happen.
That is, people like YOU and ME will produce stuff IN EXCESS of what we need to survive, and then trade it with other people who are willing and eager to do so.
We do this to improve both OUR lives and the people we are trading with.
Whether we trade our stuff for currency is up to us.
You might want to trade for software, or information, or services, or even a Ferrari.
Right now in history it's typically pieces of paper.
It may not be the case in the near future! To make moneyonline or anywhere else, you must simply remember that.
Everything else is just marketing, whether it's internet marketing or real-world marketing.
Real wealth creation only ever comes from people who produce, and produce MORE than they consume.
Listen to REAL experts about money, not the economists who only ever WRITE about it! Who are the experts? The business people who consistently make profits, that's who.
This, of course, does NOT include CEO's of large organizations who have consistently LOST millions or even BILLIONS of dollars and then expect their government to give them taxpayer's money to help keep their businesses afloat because they're "too big to be allowed to fail".
No, I'm referring to the thousands of small business men and women who run the small to mid-size companies who are the REAL business-people keeping the world afloat.
Without these people, there would be absolutely no chance of ever improving the world by changing it for the better.
If you consume more than you produce, you're relying on other people to take care of you.
If, however, you produce more than you consume, you are taking care of others.
It's that simple.

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