Economics – Self Equanimity http://selfequanimity.com Current Affairs Tue, 15 Mar 2022 14:21:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.4 https://i0.wp.com/selfequanimity.com/wp-content/uploads/2020/05/SE-Copy.png?fit=32%2C32 Economics – Self Equanimity http://selfequanimity.com 32 32 176655959 FREE MONEY! Do you feel the pinch??? http://selfequanimity.com/free-money-do-you-feel-the-pinch/ http://selfequanimity.com/free-money-do-you-feel-the-pinch/#respond Thu, 22 Jul 2021 06:05:51 +0000 https://selfequanimity.com/?p=1398

THIS IS NOT FINANCIAL ADVICE, PLEASE DO YOUR OWN RESEARCH


This is quite funny though, economists warned us about this , any student of economics knows that too much money printing will result in massive inflation , and high prices, according to some news sources, it costs more to run a car this year than it did last year…. Let us get this straight, this is not about who is in power, this is about economic policies and too much money printing! (Which most politicians are guilty of)

What did our president say ?  ” Most of the price increase was expected”  in a way he is right, economists warned that prices will increase due to inflation which is due to excessive money printing! ( I will keep saying this)  Groceries are up, gas prices are up.  You don’t need me to tell you that, something is very very wrong here.   It is difficult to make ends meet in this economy, especially since we are technically still in a pandemic.  The truth is we need to tell this administration and every other administration, that overspending is not the answer, we cannot spend our way out of debt with borrowed money,  and also people are now used to staying home and making more than they were when they were working, it doesn’t take a rocket scientist to say, ” hey I will rather stay home since I’m making more money” . 

       Now, this is directed at my people, it is time we stop looking for a savior to lead us out of an economic crisis, only we can do that for ourselves.  We need to educate ourselves on real economics, not pseudo internet economics.  We need to learn basic accounting to teach us how to put our “coins” together.  As for the politicians, I don’t think we should keep on listening to them if they are not telling us about the impact of their economic policies, example, if the money printing is too much, we should be able to say something instead of expecting free money from the government, guys, there is no such thing as free money, the only free money is when any of us are lucky enough to win the lottery!!!! . I think if anyone feels the pinch we should all say something. 

      With all these stimulus checks coming in ( which was started by the Trump administration), any economist will tell you the results of giving out “FREE” money.  Economics is usually based on mathematics and numbers which is why we can’t trust our politicians when it comes to numbers.  They didn’t even adjust the stimulus for inflation. Guys, if it sounds too good to be true, it usually is.

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Gentrification, A credit and debt game, Credit equals Debt http://selfequanimity.com/gentrification-a-credit-and-debt-game-credit-equals-debt/ http://selfequanimity.com/gentrification-a-credit-and-debt-game-credit-equals-debt/#respond Mon, 08 Jun 2020 06:49:11 +0000 http://selfequanimity.com/?p=492 Have you heard this term before ?? gentrification ??  It is another vague term being used by everyone, no explanation given, its the “us” against “them” story, or situation. The other term is group economics just or economics, then it stops there.  Black people don’t seem to understand the value system. The most important thing we as black people should learn about economics is the value system. Any event that happens, the first question we should ask,  who is benefiting from this financially?? ( credit) then we also should ask, who is loosing financially ( debt). I can tell you for sure, someone will make money from whatever happens and someone will lose money from it…

When it comes to wealth and money, it is a credit and debt game. People can scream economics all day, Personally I think we should be more interested in accounting and accountability, which is one and the same for me. Economics is like going to church, we hear the same thing being repeated every single Sunday but nothing really changes.  And the church is about people begging God to give them something they think they deserve,  husbands/wives, the big break, ETC.

Now let us look at the value system, Value means the worth of something if anything is devalued it loses its worth. Crime is one of the ways a neighborhood can be devalued,  which is why if the crime is attached to a particular culture, the area or neighborhood can never gain worthiness or revalued.

I learned about this when I first saw a movie, called Police Academy 6, City under siege, it was released in 1989, but it talks about the times of today and what we are going through . in this movie, people in high places orchestrated a series of crimes in a chosen neighborhood, in order to devalue the neighborhood so the mastermind can buy it cheaply. It took the police a while to figure that out.

As black people, we like to talk about Gentrification. If anyone looks at gentrification or type it into a search engine, one of the definitions is as follows, “ the process of renovation and IMPROVING a house or a district so that it conforms to middle-class standard or taste”  I don’t have to tell anyone that just by definition alone, gentrification is based on the value system.

People are looting and stealing from small businesses, automatically the whole neighborhood loses value, just by crime alone. Now the vultures can come in and buy property, cheap, then they fix it up, Ahh there is the beautiful word Gentrification. However, no one talks about, how the people who live in the neighborhood gentrified themselves.  They don’t understand the cause and effect theory.!

This is why we as black people should be careful about crime. We should understand our culture and behavior give value to our neighborhood or takes value away from the same neighborhood.

When we talk about economics we usually talk about economic and gentrification, no one ever talks about how these things are orchestrated so we can devalue our own neighborhoods.  We should have pride and take care of our neighborhoods so that we bring value to our neighborhoods.  We already know that the public school system is funded by property taxes, so the schools depend on how much value we put into them.

We can turn our neighborhood around with good leadership someone who has the technical know-how, let us understand the dangers of self-gentrification, which will happen because of looting, and the recent rioting!

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