3 Reasons Government Likes Inflation And High Interest Rate (and why you shouldn’t)

Inflation and Interest passive cahflow academy

When it comes to money and economy and becoming wealthy, It seems most of the people have a vague idea about how economy system works. They only look at interest rate in the dollar amount that they have to pay back, which is actually right, but they really don’t have any idea how the government steals their wealth by injecting inflation into the system. In this post I want to explain what inflation is and how it works in very simple way so everybody with any amount of knowledge understands it and uses it in his/her advantage. A little on history of inflation in the old days, before we have Federal reserve (FED) or any central banks, the price of the goods and services was determined by the supply and demand in the market. Though in short periods of time, kings used to tax people to finance wars, but for most of…

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Napoleon Hill On Why And How You Can Be The Master of Your Fate And Captain of Your Soul

Napoleon Hill passive cashflow academy think and grow rich

There are many books on personal finance today that explain and promise to show you how to get rich through spending less, saving more, investing and …. . But perhaps none said it better than a book published in 1937. Napoleon Hill, who lived through Great Depression and was an author and former advisor to President Franklin D. Roosevelt, interviewed “more than five hundred of the most successful men this country has ever known” to figure out the key to their good fortune. Andrew Carnegie was the man who advised Napoleon on finding the secret to success and teach it to people. The first draft of the book was 6 volumes and about thousand pages which was very hard for many to read all of it. So, he wrapped all of his insights in a 200-page package and published “Think and Grow Rich,” which went on to become one of the…

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