A lot people believes that the period of deflation is a period of economic mess.This is partly true and partly lie for some people.Even though the general economic activities are adversely affected,yet we cannot conclude that, with the wave of the hand, because to some people,the financially intelligent ones, it's a period of great financial emancipation.
Period of deflation is a period of Great Wealth Transfer.The good thing about this transfer is that it tends to transfer the Wealth Of Nations from the Rich to whomsoever that is that is interested,ready,prepared and financially intelligent.Unlike the Wealth Transfer of Inflation that transfers in the reverse direction.
The Rich has the "vehicle" to protect their wealth,and equally, greatly benefits from a transfer that is meant to take from them,benefitting even more than the people the transfer is meant for,hence at the end of the whole period it's the poor,the middle class and a fraction of the rich that lost their riches to the group that should be losing.Thereby making the rich,richer and the poor,poorer.
In every period of economic change, the rich understands the importance of the Professionals and equally makes use of them.Show me a Rich man, and i'll show you his armies of Consultants.This is one of those areas the Rich are different from the poor.A Professional sees Great Opportunities where ordinary eyes cannot.
This is the best period to invest radically in properties, because during this period,as a result of the continous fall in prices and lesser amount of money in circulation,the illiterate ones will be selling their properties.Every depression is always accompanied with a boom or atleast a degree of it.The reason is not what i'll be stating here.So, when the economy recovers,which is usually higher than the level before the depression,you will found out that you have acquired Great Assets that will guarantee steady and great "FIN FLOW".
If you truely seeks financial freedom,you must first develope your financial intelligence, and learn how to handle these periods below:
* DEFLATIONS
* INFLATIONS
* MARKET CRASHES
This period are vital forces for Massive Wealth Transfer, which happens to be the ONLY tool for the creation of Riches.That is, riches and profits are created as a result of Wealth Transfer.
A lot of people, even the professionals doesn't even know that Wealth Transfer occurs every moment of our lives.As far as buying and selling remains,Wealth Transfer will always remain a permanent feature of the human society.
Buying,selling and exchange of money causes re-distribution of the Wealth of Nation.The aim of re-distribution is to distribute the wealth of Nation equally to all.But this system of wealth re-distribution is so FLAWED that almost every act of wealth re-distribution causes wealth transfer to the Rich.
This Transfer is so mild and slow that we don't know there is TRANSFER each time there's exchange of money between buyer and seller.
How do think business and governments makes their profits? Because Wealth Transfer occurs everyday and is the only tools that creates profit.Don't ask me how it creates profits.
Add all the profits each company,individuals and the government made in each given year,including all taxes.This is equal to the total amount of money transferred in that country,divide by 365 days,then you will get the amount of money that is transferred each day.Wealth Transfer rate is the rate at which wealth transfer occurs in a given country,and it's calculated thus,the amount of wealth transfer,subtracted from the GROSS National Product (GNP),divided by wealth transfer amount,then multiplied by 100,that is, (GNP-WT/WT *100).
This transfer concentrates the resources that is meant for all on the hands of the rich and governments daily,in different proportions and percentages that i can't stop imagining that this is the AGE OF WEALTH TRANSFER.
Since,buying and selling causes re-distribution,which later cause wealth transfer,hence Wealth Transfer is a function of human want.That's human want determines the sector of the economy the W of N flows, and the quantity of that flow.
The Theory of Wealth Transfer is, in every re-distribution there's always a wealth transfer; and, only wealth transfer causes the creation of wealth and profits.
To learn more about Wealth Transfer,check our book,WEALTH TRANSFER AND FINANCIAL FREEDOM: understanding why the rich becomes richer,and the poor,poorer.
The best thing to develope is mental ability and energy and FINANCIAL INTELLIGENCE.Because we are committed to transforming lives through financial education, the CCF INSTITUTE OF FINANCIAL EDUCATION,from next year will start education on financial intelligence and management.
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