The Emerging New Age Economy – Part 1
The world changed last year and perhaps not in the way you might think. The global economic crisis is not what I’m talking about. There is the emergence of a new trend in world affairs. Many more people will or are free of money worries but not because they have a job. But because they do not have one. They have taken a journey that many more will take in the months and years to come.
It is not widely known that 40% of the world’s money supply is managed by less than 3% of the population.
Shocking as the statistics above are, we scarcely need a revolution in a material sense to solve this dilemma. The real revolution we need is one of perception.
Einstein put it perfectly:
“The thinking that caused a problem is not the same thinking that can solve a problem.”
Why do we need to change ourselves first? Because our actions are borne in our thoughts and beliefs, if they do not change we will continue in the same manner as we have always done. Wealth is a mind game first- there is a “science to getting rich” which all rich and wealthy people either know consciously or picked it up from those around them. The rich think about their place and role in the world differently, the proof is in their bank balances. Money is seen as being finite in supply.
When the world came off the gold standard in 1971 pulling out of the Bretton Woods accords all of a sudden, governments were no longer restricted by the amount of gold they held to print money. It then became the job of central banks to juggle the amount of money in circulation with how much would tip everything over into inflation or if not enough liquidity was available, into recession. This seesaw effect explains why we have boom and bust cycles, it is part of the system, it also means that no one entity, like a Central Bank really has that much effect anymore, they sort of give things a nudge at the right time. This is why the economic crisis started by the sub-prime issue came about, the system was moving too fast and too much debt was being loaded into arcane instruments like CDO’s and others, the ability to track the results of our actions became to great and we hit a meltdown, it could have been much, much worse. Remember how the rich think different? Well, so do the middle class and poor, that mindset gap brought on the sub-prime crisis.
Don’t shoot me just yet, think about this: having seen the effects of raw greed (“Yay! My house price will never come down! I can get all the toys I want with all this free money”), don’t you think this a great example of the Law of Cause and Effect?
There are Natural Laws that will help anyone of us get out of this mess, at a personal level at least.. For a change in your circumstances, you need to change your point of view. What do you think? The quote from Einstein above pretty much says it all, if we want a change in our lives, we need to change our thinking first before we see anything better “outside” our minds.
This what the Science of Getting Rich is all about, giving you an abundance mindset and the will to make it happen.