The long slog is nearing an end. The book, “Wealth If You Want It,” is virtually complete. I will put up some excerpts soon, while polishing it off. The entire book will be free as a download from this site shortly.
Why the Delay?
What started as a simple book for non-investors (primarily a book encouraging saving) diminished in significance as inflation rates rose. While the principles for savings remained important, traditional savings vehicles (CDs, Savings Accounts and fixed-income investments) became losers in the sense of building real wealth. Interest rates below the rate of inflation produces more nominal wealth but diminishing real wealth. Encouraging people to sacrifice in order to lose ground was not appealing.
The book needed to supply real, not false, hope and that was not possible, given the current fiscal and monetary policies of the government. In order to have any hope of increasing real wealth, an additional book entitled “How to Invest” or “How to Invest in Dangerous Markets” was necessary. Two separate books made sense except that my loyalties were with the original audience, those truly needing help. I decided that a more comprehensive book was necessary. The difference in experience levels of the two audiences seriously complicated the writing. One group did not understand the need and mechanics of saving; the other group was past that and already investing.
Then a third complication entered the picture. The needy group (those not yet saving) seemed to have unnecessary barriers placed in their way. Was it possible that government wanted them to remain dependent?
Necessities for Independence
Two elements necessary for independence are wealth (even in small amounts) and knowledge (even in small amounts). There is evidence that government makes both more difficult than necessary. Is it possible that government encourages dependency and even designates it in some fashion? After investigating, my answer is YES!
That segments of society appeared to be held back by government was appalling, but not surprising. It made sense out of otherwise inexplicable conditions ignored or reinforced by various government policies. If true, and I believe it is, that information needed to be included.
While this information is unlikely to surprise many, I deemed it critical to explain and expose. Wealth acquisition and education are the two preventatives against dependency. Government barriers to reduce either suggests government wants some level of dependents and dependency in society.
Recognition of this third element and the decision that it had to be included created more complications. After much thought on the matter, there is little question in my mind that dependency plays a role, perhaps a major one, in controlling the population. (You may make your own judgment on this topic.)