With the 2nd round of “Q.E. 2” being pumped into the economic system (2nd round of “quantitative easing”, aka approx $600 Billion injected into the economy) and all the other craziness going on in our economy and world overall these days, I felt this short, very simple explanation I heard about how stimulus plans actually work at the ground level quite appropriate. Sometimes when it comes to creating wealth and making sense of it all, humor is the best teacher.
Take a quick listen to this short audio (from a caller of www.financialsense.com), it’s less than 90 seconds long but it may be all you need.
Enjoy!
(Just click the play button)
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In creating wealth today in the midst of inflation, one could learn a lot from the German Weimar Republic which suffered tremendous inflation. “Those who fail to learn from history are doomed to repeat it.” Many suffered, but a few created fortunes. I’d suggest that those who DO learn from history, have the ability to PROFIT from it
Creating wealth is not just about making money. Creating wealth requires one to examine their own financial statement to understand the relationship between their assets and liabilities, their income and expenses.
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+Hans Schoff knew from an early age that he wanted something different. At 18, upon discovery of an entirely different model based on achieving freedom (not security), he dropped out of college and started his first (home-based) business with borrowed funds (credit card) and began his study on the secrets for creating wealth. That first business expanded into a multitude of others over the years (see ABOUT page), enabling him to focus his time today on developing new assets & increasing cash flow (read: multiple streams of income) to best position himself for the many challenges we'll face in the near future. He now shares his accumulated experiences and knowledge - his secrets for creating wealth and what he's doing now - with his loyal subscribers so they too can create success to soon achieve freedom for themselves and be prepared for what lies ahead. To learn how you can discover these wealth secrets and transform your situation for a brighter future, to begin to turn your circumstances into wealth that grows and grows regardless of your background or experience or what lies ahead, simply fill in the red form down below...
Thanks for the chuckle Hans. A merry heart does good like a medicine. Thanks for sharing this view of a Stimulus package. I found it rather refreshing. Laughter is an instant vacation……a tiny one.
Have a great day,
Lynn
Hi Hans, A merry heart does good like a medicine. Thanks for making us chuckle today by sharing this view of a Stimulus plan. It’s rather refreshing. Laughter is like a tiny vacation……
All the best,
Lynn
It’s unfortunate that cons undermine the importance of knowledge, if they had some then they wouldn’t be cons. As has already been said, professors provide a very important service.
I think you are right, that stimulus plan is somewhat important if you want to make money. However, along with this plan, you should work on it, be motivated to achieve your goal and persevere.That way, it’s not impossible not to be successful in your business or career.
I think humor is a really great teacher, I always respond better to jokes and lighthearted conversation than I do to any serious debate. On that note, I love the cartoon you posted, where did you find it??
All I can do is chuckle!!! That sounds like it could be what is going on!! I do my best to keep my head in the sand about all this stuff that way I won’t be freaking out and fretting about what is really happening.. Will they ever solve it??
Hey Holly, the market always wins in the end, but they’re sure doing a good job of postponing the day of reckoning, good or bad. Thanks for your comments and stopping by!
This is the first time I’ve been to your website. Thank you for providing more information.
Creating Wealth – How A Stimulus Plan Works (Humor) http://t.co/LoH3BOtF
Creating Wealth ??? How A Stimulus Plan Works (Humor) Awesome article by Hansthat I just had to share! http://t.co/3jJksZ7K
http://t.co/R4cafrXr Creating Wealth ??? How A Stimulus Plan Works (Humor) Check out this post Creating Wealth ??? How A Stimulus
Creating Wealth – How A Stimulus Plan Works (Humor) http://t.co/LoH89ouz
http://t.co/3EvB9aPn Creating Wealth ??? How A Stimulus Plan Works (Humor) Great content and enjoyed reading your Creating Wealth
Creating Wealth ??? How A Stimulus Plan Works (Humor) Truly an informative piece fromHans! http://t.co/OVEUtpSH
Thanks for the chuckle Hans. A merry heart does good like a medicine. Thanks for sharing this view of a Stimulus package. I found it rather refreshing. Laughter is an instant vacation……a tiny one.
Have a great day,
Lynn
Hi Hans, A merry heart does good like a medicine. Thanks for making us chuckle today by sharing this view of a Stimulus plan. It’s rather refreshing. Laughter is like a tiny vacation……
All the best,
Lynn
It’s unfortunate that cons undermine the importance of knowledge, if they had some then they wouldn’t be cons. As has already been said, professors provide a very important service.
I think you are right, that stimulus plan is somewhat important if you want to make money. However, along with this plan, you should work on it, be motivated to achieve your goal and persevere.That way, it’s not impossible not to be successful in your business or career.
Hi…Thank you for the inspiration you have here and this motivates me a lot…
Glad to hear Suzanne, thanks for your feedback!
I have heard this one out and about the internet. Humor definitely helps. Good demonstration of how the economic stimulus package is only a quick fix.
Rachel, appreciate the comments. Thanks for coming by
Hans I think a good sense of humour is a great quality to have! Hope you have a fun weekend Sadie
Hey Sadie, sometimes humor can teach us things that we’re not open to otherwise, probably because it’s more fun… Thanks for your comments!
I think humor is a really great teacher, I always respond better to jokes and lighthearted conversation than I do to any serious debate. On that note, I love the cartoon you posted, where did you find it??
Hey Kayla, I can’t remember but it caught my attention at the time and made my chuckle so I thought I’d share it. Thanks for stopping by!
All I can do is chuckle!!! That sounds like it could be what is going on!! I do my best to keep my head in the sand about all this stuff that way I won’t be freaking out and fretting about what is really happening.. Will they ever solve it??
Hey Holly, the market always wins in the end, but they’re sure doing a good job of postponing the day of reckoning, good or bad. Thanks for your comments and stopping by!
Haha, sad… but, unfortunately, realistic.
Its right that ground level investment returns more, but what about the last line of your paragraph? Humor is the Best Teacher..!