1. think in terms of a giant minopoly game for real.
we average folks think if we suddenly became super wealthy we would go do something we would enjoy like retire or travel the world. for a certain % retirement is more like torture.
to many of the mega -wealthy it is a game and money is only a way to keep score.
many of the restrictions on the mega banks and wall street have been removed over the past years.
the banking systems were established 2000+ years when traders left gold with merchants and accepted what are refereed to now as promissory notes. after a time those firs bankers realized never were they devoid of some deposits and gambled 10% of their "reserves" by develop ping user y or loans for profit. at the time this was against religious laws. that eventually developed into modern banking. and it became legal practice to loan 1o% of reserves. over the last decade or so that 10% has grown to as much as 120 %.


- new bjog







Bookmarks