Capitalism vs Socialism and Why You Should Become Wealthy

Capitalism vs Socialism and Why You Should Become Wealthy

What you need to know about government, money systems and market environments to build sustainable wealth – we make it all easy for you. Understanding these systems conceptually, will help you grow your wealth and keep more of the money you make.

Did you know Sir Isaac Newton (the inventor of calculus) made a significant contribution to a stable monetary system in England? This helped to set the stage for the great wealth accumulated by the British Empire. Hear the story on today’s show.

Today’s discussion also sheds light on why you should become wealthy in the first place. It boils down to how you get the money, and that should be a virtuous activity. As writer George Gilder points out, wealth is only valuable when it is combined with wisdom. Same reason why currency trading doesn’t “create” any value.

“Life, Liberty and the Pursuit of Happiness”, is the foundation which allows opportunity for you to create value out of nothing which is the only model that “creates” real wealth. Other methods just shuffle money around but DO NOT CREATE any new wealth.

Summary includes a tool you can use to avoid some of the imperfections in the “system of the world” in which we live today. This helps maximize your opportunities to create wealth and keep control of the wealth you do create.

Resources:

John 17:15

How to Protect Your Money From Inflation – Blog Post