The Government Will Take Care of You

Come war, oil supply shocks or a change in hegemony in the global economy, the belief is the Government is capable of and will take care of you.

Inflation, interest rate, money supply, credit supply and even food on the table will all be taken care off to perfection by the Government of the day?

Indeed, there are people who may even believe that water finds its level - that wealth will be redistributed from the rich to the poor! More taxes will be paid by the rich, and that money will be given to the poor indirectly through Government projects. Trickle down (where money to big companies flows down to the layperson on the street) economics works?

Financial Independence / Retire Early

Why wait, for example, for the cost of your every day food, drinks and transport before finding out that you don't have enough?

Petroleum prices have skyrocketed beyond USD100 per barrel, and there were questions if not concerns that the Government (in Malaysia) will not be able to continue to subsidise the cost of petroleum for everyone. Indeed, Government servants were asked to work from home and to drive more slowly on the streets!

In order to make the jump towards the wealth where this relatively matter is less of a worry, I recommend reading and re-reading Rich Dad, Poor Dad, by Robert Kiyosaki. The book can be obtained:

• in Amazon Kindle

• through Amazon Audible

• through Kinokuniya Malaysia, in hardcopy.

Find out why the rich and wealthy, even with more money at stake, worry less about rising cost of inflation.

Discussion Space

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