Money Creation and Your Business
Once you know how money
is created, you'll be able to understand what you should do in your
business. I'll make this real short, as your time is valuable. So,
here is basically how money is created and once you learn this,
you'll know about your business better.
Money is created by the
banks and this all comes into circulation via a debt. This debt has
to be paid back and with it interest. Now, interest in NOT created,
thus it leads to shortage. With each loan that is paid back there is
less money in circulation UNLESS more loans come into existence.
Anyhow, when there is not enough money people cut back. When they cut
back they don't buy things they can really do without. For example,
an expensive jacket. If they already have one, they will wear it
longer. So, if you sell something that is not a necessity in life,
you better offer something extra to make the sale. It could be better
service, better value, a discount card, etc.
People who do have
money are in the driver's seat and if you don't offer something more
than your competitor, you'll be out of business. Unfortunately this
is how a poorly run economy works.
The Bible is clear on how we should run our economy. For more information on this see the attached booklet (click here).
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