Facts that only rich people know

in #steem7 years ago

Everything expensive is overrated.
Life gets boring too quickly if you are not immersed in your work even though you can retire anytime you want.
Massive wealth can only be created by proactive aggregators. Think of them like gravity sources. Things like uber, distribution networks and investment banking networks. You need sustainable attractors held by the network nodes not by you. Let others fetch the money for you and make it in their best interest to do so.
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You can make people work for your money and your money work for you. You can take a loan on your assets (cash or lands or stocks), then invest in companies and let them pay for the loan. Then, take more loans on your new assets (the companies or stocks or real estate) you acquired, and buy more. Repeat and diversify. A network of passive aggregators. Those in this level own people you see on Forbes. Don't bother trying this, you don't have the capital or the influence in the banking industry.

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You think people on Forbes are the richest in the world. Think again.
The ones who knows best can offer insurance for passive aggregator debts. Take loans on the cash flow and invest in passive aggregators’ funds.
Or can be that bank’s liquidity provider to finance passive aggregators.
Or can be the financial markets’ liquidity provider. Gaining from every transaction.
Or intrabanks liquidity provider for credit cards.
Or intrabanks liquidity providers’ insurance provider.
You will be an influential power house. So you need to learn proper economics to know how to use your influence and not to offend others.
You don't keep money in the bank. You give it to people in circulation. You rent it and it will come back with more. Your job is to keep sending it out as soon as it comes in.
The above examples are so competitive and exclusive, they require power and deep influence. When you are rich (I don't mean Forbes cute rich, or warlords or drug dealers rich.) you become a central node in a massive network. You don't overtake other central nodes. You complement them and add another dimension with your own financial product. Why? This is last fact I will share.

Money supply will never stop as long as it's valuable. You are paid your salary to keep it valuable for the rich.

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Here’s all the money in the world, in one chart

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Woww
Nicee

This is a very interesting article. Can you please explain what the different letters in the equation stand for so I can study it more?

I visited your page, and found this post amazing! interesting ?,@ronaldmcatee

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