We live in a time when the world more and more middle-class families living on the edge and needs credit, they are just to make ends meet. They work tirelessly, not only by paying school fees for their children, but also to fill their cars with gas and buy food. Times have changed, and almost nobody knows what they are made.
On May 28, 2008 CNN article, Making a good life, but still tied Feeling cited a U.S. parent company, Stacy Burris, 47, with the words: "We fightto stay in one place. You have nothing against pinching pennies to send your children to college. You have soul pinching money when it is easy to buy a couple of eggs. "
As a single mother I know how hard it can be. In fact, I wrote a personal financial strategy title with an alternative approach, based on my independent study of money. "Alternative", because I discovered there was more to the question of money than I ever imagined.
Traditional strategies of personal finance not
PersonallyCuriosity aroused my interest to find out why money, while abundant for some, it seemed everyone else more headaches. I was 25 years, closing notes and looking for answers, trying to understand what information is relevant and in what order they did, in contrast volumes of research investigations on topics such as history, politics and put on the environment, I found only one handful of serious researchers monetary.
One day the lights went on, I began to connect the dots betweenPersonal finance and new information for the money. I figured out how to make traditional recommendations for ways to spend, save and invest have become obsolete. Now the challenge is to identify the overall picture of economic reality. Since the three joint mechanisms to deal with - the two-income families, longer working hours and use their homes as an ATM machine appeared - to fail as long-term solutions, I knew something was missing.
What was the big picture? It 'was that all things monetaryexist as the exclusive domain of private individuals, corporate banking and financial industry (hereinafter the money sector). Ninety-nine percent of what we never learned about money is money from industry, from how we perceive, prosperity, security, storage, etc. in high school classes, how to balance a checkbook.
Exterior Nesting Doll
As a child I liked the last time that the implementation of one of my baby's teeth or a piece of jewelry in a small box.Then I would add that little box in another a little larger and adding more boxes, like a nest Russian doll, a wooden doll cable with small dolls never empty interior. From time to time I went to my room and shake the patchwork of fields and guess what I put in a minimum.
My little game with boxing has helped me to wrap my thoughts on the role money plays. Not unlike the nesting doll, the world made for man-functionsNesting of several major systems: the Government, food, energy, politics, law, science, religion, education, medicine, transport, medicine and money. The money system is like the doll in the outermost regions, if desired, and contains all other concerns.
Furthermore, because the size of the monetary system in the background, almost invisible as the air we breathe. Everywhere has obscured the fact that money is the product of industry money for profit productthrough the monetary system.
The story is told,
The money from industry tells the story of how the economy out of control because the subprime mess, see the face for the bank credit tightening screw, as well as ordinary people are accused. We are the market will be told in a correction phase, lost her balance and compares them with the cycles of nature and not panic. On June 9, 2008, said Federal Reserve Chairman Ben Bernanke: "Despiterecent peak unemployment rate in the nation, the risk that the economy has fallen into a "substantial downturn" appears to be decreased. "Traditional financial advisers warn against hasty liquidations and remind people of the historical merits of" buy and hold "investment philosophy.
However, recent statistics are alarming. Household debt grew by 152% over the past 10 years. Since June 2008 over a million Americans have their homes to foreclosure. People arepay interest as high as 800 percent for "Pay Day" Loans and increasingly fall on them. A cost of living skyrocketing outpaces gains, declining purchasing power of dual-income families. Gas prices have doubled in a year. Food prices rose by 5.1% over the past 12 months. Health insurance premiums increased by 78% over the last six years. And the list goes on.
Mixed Message
Despite what you read in the media about the economy and insurancea decline in the short term, says the reality is somewhat different. Let's see what is happening around us are many families and businesses from the frying pan into the fire.
All the time, as the invisible hand of the field of money laundering and our perception of the economy with the depth and brilliance of its billion dollar marketing machine. It endeavors to protect themselves and increase their profits, like any other company and as such, maintains or reports under potentially dangerousInformation.
Think Again: Beginner's Mind
Sure, money is considered a key factor in our lives is based, and issues of survival. Because of this basic position that most people instinctively takes what they say financial experts. Those who buy financial products are often the same people against the latest environmental, health or political news, but remain "true believers" when she made the ultimate economy.
The tacit assumptionmoney its financial "education," according to this author, the perpetuation of a questionable decision responsibility of personal finance has led to persistent losses of housing, health and welfare. If money were the sector more self-serving, there are already at least a handful of people with strategies to reverse her plight armed with overwhelming debt and stress.
Perception is not everything. What we can be recognizedbelieve as we want. Unlike fish, water, we can lift his head to see where we swim. blind acceptance of consensus on the history and economy money overshadows the critical thinking necessary if individuals and families to grow, not only to survive in the future.
The reason for the difficult economic environment of today is not passed quickly by an industry that profits from our complicity. They had too much to lose. But when an individualcontinue their research, they begin the process of self-empowerment to find otherwise hidden sources of valid data and solutions. Fortunately, the Internet makes possible.
Charles Mackey, a Scottish journalist of the 19th Century, said, "Men, we must say well, think in herds, we see that they go mad in herds, while their senses slowly back, and one after another."
Money: a crash course
Will be that "a significant decline appears to havedisappeared ", as stated by Fed Chairman Bernanke, or as economist John Williams provides hyperinflation will occur in the near future?
"Hyperinflation: Extreme inflation, little more than four-digit annual percentage change, if the participating money worthless. Rather crude definition of hyperinflation is a circumstance that due to the extremely rapid increase in prices, the largest pre-hyperinflation bank note ($ 100) is more likeAs the functional currency as toilet paper. "
What should we believe? If the missing piece of the puzzle falls into place money, the bigger picture tells the whole story.
The fact is that money, as we know it is really debt, shows the words at the head of a SU Dollar Bill, Federal Reserve Notes ". A note is a promise to pay a debt.
Systems of thought as my mentor, R. Buckminster Fuller argues shown that both ideas and physical things are betterbe understood when seen in context. Federal Reserve Notes are better understood as part of a] [global monetary system. How could we, for example, be fully informed land without learning about the Earth as part of a solar system? But day after day-out is likely to make important financial decisions without the benefit of all information on the money.
Traditional personal finance strategies to meet the design of the monetary system, also known as the Central Bank.Only the central banks, common throughout the world, are entitled to question the money came from. In the United States, central banking model has been tried three times before the Federal Reserve Bank was chartered 1913th Created centuries ago by European bankers, the project's original system is still used today. "Fractional Reserve Banking spend" as it is called, features ninety-nine percent of all money will be made when a loan. Mechanical money is introduced when the government borrows a countryMoney from the issuing bank, interest, and then down the same way to the final consumer auto loan at a thread local bank.
The design of fractional reserve banking is based on increasing amounts of debt to such a system successfully. Interest and loan fees are the price paid for loans Federal Reserve Notes. Debt service is paid by business borrowers, added to the price of basic goods and services. The decrease in purchasing power for daily life, if peopleCost of living rockets to reflect compound interest in the system. We see more money than ever to meet the basic needs of food, shelter, energy, increasing profits by paying the debt for the money needed for the industry and its shareholders.
The mechanics of a debt-based money to operate the line of fire, but its importance been underestimated, obscure the common people and most of the financial "experts" like. OurDebt-based monetary system is the cause of economic collapse. Henry Ford Sr., the founder of Ford Motor Company in the early 20th Century once said,
"It 's good that people understand, not the nation Our banking and monetary system, because if They did, I think there would be a revolution before tomorrow."
Breaking the Trance
On June 19, 2008, was quoted U.S. Treasury Secretary Henry M. Paulson in the Washington Post as saying,
"Our nationexpects the Fed to intervene in order to anticipate events that] unacceptable systemic risk, [but the central bank nor the clear statutory authority nor the mandate and pose risks to our entire financial system to avoid. "
I shrugged to think together as the Federal Reserve more powers could "step in the events that pose unacceptable gain system averted. Since the fractional reserve system serves as a cause of unsustainable levels of debtfrom global to personal with the lower purchasing power of the pump and the cash register, I think what Paulson said, is ambiguous Orwellian. The source of systemic risk can not be what it conjures.
Of course, to win a voice in the wilderness, my alternative approach to their personal financial factors in this case with a hidden formula and gain financial stability. In the future, armed with the missing piece of the money really works, how weearn, spend, save and invest an additional dimension for the other missing piece back up, financial and personal welfare. As more people Understand the bigger picture of money to regain his balance and, more intelligence is mobilized to create more off-the-box of practical solutions for the common good.
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