One Way Wealth Gets Destroyed

by Rory, The Daily Coin If you sat down with a financial advisor and ask the following questions, how many questions do you presume that person would answer correctly? If we look at our personal finances, and we take them seriously, an image should emerge. That image will be different for each person/family and it should be based on their needs, goals and where they stand today. Since it has been a great many years since I have interacted with a financial advisor it would be difficult for me to say what types of advice they offer or how the conversations proceed with their various clients. What I can say is this: they are salesmen. This is neither good or bad, it is what it is. A great salesman, of which there are few, can be an invaluable asset to your family. Most, if not all, of these advisors have quotas and each month are given incentives that produce higher commissions or a bonus of some type at the end of the month or the end of the quarter. This does not apply to all financial advisors, but a great many do operate on this type of pay scale. These are the products you will hear about more than others. Once again, neither good or bad, simply a function of their position. This is not an attack on financial advisors. There are some excellent financial advisors that help families create generational wealth. The advisor that some of you are using may fit into this category.  This information is for the rest of us to better understand how money and currency function as that is a key element in creating wealth. If a person doesn’t understand the language that is being used and how that language effects their wallet, it could, potentially, leave a person wanting. What is the difference between money and currency? If you were to ask a financial advisor this simple question, how would they answer? Do they understand the difference or is there a difference? Money and currency function very much a like and posses most of the same qualities with one very important difference. Money is a store of value while currency is not. Money helps people create wealth, while currency is passed around in society and creates commerce. What is the difference between an invoice and a note? This is a trick question as there is little to no difference. A note, like a car note or house note, functions, primarily, the same as an invoice. How are those “dollars” in your wallet labeled across the top? Do they state “Federal Reserve Note”? How are the signatures set up? On a financial contract, in the U.S., the owner – the person making the loan or selling the product – is either stacked and is the first person to sign or, if the invoice/note is set up side-by-side, the person on the left is the owner/seller of the product. How is that “dollar” set up? Isn’t the Chairman of the Federal Reserve listed on the left and the Secretary of the Treasury on the right? Doesn’t that mean, in a court of law, the Secretary of the Treasury, representing the people of the United States – that’s you and me – now owes the Federal Reserve a payment for the note/invoice? Doesn’t this make those “dollars” in your wallet nothing more than a small liability? How does inflation work or where does inflation come from? What about deflation? If you were to ask a financial advisor this question(s) would they say something like “from prices going up”? What made the price of a product go up? What changed with the can of green beans from yesterday to today? Why is it 20% higher today or in a 15% smaller package (hidden inflation)? Inflation is a function of currency in the system. The more currency in the system the higher the prices reach in an attempt to use/absorb the currency. If currency is receding you have deflation. How does more or less currency get into the system? More or less currency arrives or leaves the system by way of the Federal Reserve. This is a policy change, made by a very small group of people, that determines if you and I should pay higher or lower prices for everything. The amount of currency used to be regulated by the amount of gold in Ft. Knox and the other vaults around the country that hold our gold. When I say “our gold” it, in fact, belongs to the American people, not the Federal Reserve as the people in government would have us believe. I am not a financial advisor. These questions should be the basis for a financial advisor to actually advise anyone on how to generate more wealth for their family. If a financial advisor can not answer these very basic questions on how money, currency and inflation work, how can one expect them to help someone else generate more wealth for their family? It is impossible – it will never happen. If your foundation of knowledge is flawed your entire structure of knowledge is flawed. Gold is money, everything else is credit. Spoken like someone that knows how money, currency and inflation actually works. These words were used by J.P. Morgan during a congressional hearing. J.P. Morgan is one of the people that help to institute the Federal Reserve. The Federal Reserve is a non-governmental agency that has been creating inflation since 1913. Who benefits the most during inflationary times? The people that get the currency first – the banks. Who employees the most financial advisors? Where does one usually seek financial advice? The banks are the problem and the reason we as individuals, and as a nation, are going broke. Here is an excellent explanation of money, currency and enslavement by the banksters. The Money Masters – Full Documentary (1996) This documentary was produced by Bill Still. You can find a lot of his excellent, ongoing works right here at The Daily Coin. We publish a vast majority of his ongoing efforts to educate people to the ghosts behind the curtain.

Support The Daily Coin

$
Personal Info

Donation Total: $50.00

Sharing is caring!