Bill Gates recommended this and as I invest time is reading his books and follow his posts on social media, I took the time to watch this piece. Here is what you can gain from this: - 1) Understanding the relationship of cash flowing in society by a simple word called TRANSACTIONS. 2) See how Credit & Debt are created out of thin air as an idea of who is worthy of credit, how debt can be positive and how it can also transition to being negative in time and productivity scales and how the moment a settlement occurs, both credit and debt vanish. Also here learn a lesson as to what credit can be taken for and what the outcomes are as an individual and collectively as a society by the culture developed. 3) How The Government and Central Banks work independently yet interdependently. Once you watch this, look at habits around us in people and you will see the opportunities around by what is happening. You may also see that when you take all the front Shops, Service Centres, Brand names and frills of business away, you will see a cash till in every business that simply takes care of the transaction and exchange daily itself. Enjoy this and hope you gain some valuable information from this piece to better your habits to personal economics itself.
Posted on: Thu, 19 Jun 2014 03:58:53 +0000