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RE: Anyone know a good book about How to Get Out Of Debt and Build Wealth?

in #life7 years ago

It is sad that so many people have no idea about money management. Part of the problem is that our economy is based on always producing more. People need to spend more to make that work.
If you save and only buy what you can afford - you are not a good consumer. The one this type of system needs to function.

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you nailed a very big problem @mariannewest - the economy is driven by spending, and the banks and the central bankers and the politicians know this.

they very deliberately lowered interest rates to near zero and have kept them low over the last 10 years to try and get people to borrow more money at these historically low rates, to have more money available, to spend more, to revive an ailing economy.

what is the answer? is there an answer?

in the meantime people, be safe - get out of debt and put some of your paper money into some gold and some silver and some cyber currencies.

I do think there is an answer. When more people get into the ideas of regenerative living - way beyond sustainable and use ideas like permaculture, share economy and such - I think we can get there.
Also, when we realize that happiness does not come from buying and owning things, but from within and from living a meaningful life.
Hoping we get there - we are trying to do our part with our podcast. Just opening the mind that other possibilities exist.

hi @mariannewest, are you following @majes.tytyty? you may want to follow him if you are not already. I think you'd like his comments too.

here's a recent post with his comments > https://steemit.com/steemsilvergold/@lengle2811/fed-will-be-forced-to-print-money#@majes.tytyty/re-watertoncafe-re-lengle2811-fed-will-be-forced-to-print-money-20170925t063633712z

went and checked him out. Followed. Thank you @watertoncafe pointed me your way

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