Sunday, November 16, 2014

Economics-Currency vs Money - Hidden Secrets Of Money Ep 1 - Mike Maloney

https://www.youtube.com/watch?v=DyV0OfU3-FU

     In Mike Maloney video on Currency Vs Money, I have learned a lot from this video on the many factors that made these two things different from each other and how they have impacted us around the globe for thousands of years.  First of all your true wealth is your time and freedom, where money is just a tool for trading your time. Then its a container to store your economic energy until you are ready to deploy. The whole world have been turned away from the real world that fools everyone. Time and freedom has been constantly been stealing away from us. Wealthy is only transferred, where the best investment is education because in the global economy it works. If you understand how the financial side works, then you can put yourself in the correct pathway of wealth transfer. The further you look into the past, the further you will be looking into the future. Federal Reserve was never a part of the U.S, where many people never knew that it was not a part of the U.S. Also, there were many corruptions that were in the Financial world had but Mike cleared everything up by his book he wrote. This showed everything about the financial world, where everything started by the Egyptians about 5,000 years ago where they have used gold and silver as a form of currency with odd sizes. Currency is a medium of exchange, a unit of account. But Money is a medium of exchange of account that was portable, durable, and divisible fungible. Gold and silver stores a large unit of value balancing the values for thousands of years. Finally, the difference between currency and money is that money must be store of value and maintain its purchasing power over long periods of time.

Economics-How to Rebuild Haiti after the Quake

    In class I had to pick an article about a country that had economic challenges or economic changes.. I picked this article about Haiti earthquake that occurred in 2010. In the year 2010 no one of Haiti would ever forget this tragic day that destroyed billions of dollars that was lose of the massive earthquake it this country or island in the Caribbean. This was a low population country that lost 200,000 plus people on the day people wont forget. It was where millions of people who became homeless, who lose jobs, and a country that was just devastated by a national disaster. Many federal buildings, jobs, and all other aspects of this country was deduced by this catastrophic disaster. Many challenges arise by not enough food for the citizens of Haiti, providing housing by the government, and most of all clean water. There was many debated on how to rebuild the country and discussions on how to bring about future prosperous endeavors for a country that could have a stable future to come. Many international organizations was at Haiti aide to help this country grow back by first of all the government could not replace by any of these aid organizations.  The public of Haiti's sector has to be strengthened in order to provide the proper help and resources for the Haitians. This was a very great reason because no government was not going to come back until the public is strengthened. Until the government was ready to do its functions as it was intended to do so in the end. Also , Haiti country director for CARE international that many aided organizations and elections are not necessary in this case because the country at that state needed better tools which means a successful community economic and social developments by the people and leaders.  There needs to be big donations and investments as part in putting back Haitian to work in order to rebuild this country.

     In building back this country this means adding educational institutions such as schools, hospitals, and public services in getting the government back up there. Not even 30% estimated of the money that was donated only was for the recovery in 2012-2011 period. Many of this money was not even reach by all of the population and the quality of these resources was not up there it was still poor. As it in the beginning of my first paragraph the Haiti's public sector needs to become better until the government has the proper tools for the need of the population which it will remain or call the "republic of NGOs". The $10.2 billion that was promised for a massive job creation in order for the citizens to have many good jobs for descent employment which meant a big increase in moving the country forward as one union of population.  These jobs were clearing rubble, reconstruction of federal buildings, and planting trees. Millions of Haitians was still living in many camps up to date that used a lot of the capital of Haiti's space. Many conditions was still unsafe and not a very healthy which spread illnesses and diseases. Many had to sacrifice this because there was no where for anyone to go without the proper housing to live in. Without a public section there was no way for proper housing, healthcare, education, jobs, and other basic public resources.

Economics

Economics

      I believe that economics have made a tremendous change in many cultures and societies so it could have major impacts on the people. One of these important factors of economics is diversity because it is important to attract many talented individuals because with diversity we have income, higher technology, and geographic development. Also, there are many diversities to ensure great effectiveness and reassurance in the economy and in getting a lot of profit by the economy people. Also, there is nightlife the entertainment aspect of this which is part in attracting the educated young minded people, we have many factors that deals with talents. Talent can also have a great influence in the society for new ideas, technological innovations, and inventions so the diversity can be attracted to these new products in the end. This shows how diversity can grow a city or town as one of the areas of economics. Many people work or is employed in many different fields of discipline. Immigration for example impacts how culture can have a major role . We have immigration to make the diversity large and for more competition in these areas. Your race, ethnicity, nationality, and culture can have a more closer impact and see what fields people can choose based on its statistics. We can see which nationality has the most engineers, scientists, economist and so forth.  Talent is defined with people with high levels of human capital, measured as the percentage of the population with a bachelor's degree and beyond.

     I believe that all this impacts on how I go to school and how I'm living my life as a college student because many of us try to enjoy the nightlife which raises questions about the competition of the economy. This raises the competition with many businesses in the areas like bars, lounges, night clubs, and many other businesses where economy raises questions about the diversity. Also, many of us shop as well with different cultures shops for different variation of things such as groceries, clothing, religious items for many cultures. Also, geographic location is very important as well which has a significant impact on all cultures and city governments. These are where if the economy level rises or decreases depending on how stable it is by its location. This reason is by the many businesses and and the bunch of talented people who surrounds their selves at the center of competition based on how many ideas, college education, and how experience can also have an effective role on the city's or towns economy. Its hard to say when we live in a country that is big as 300 million plus people who comes for different reasons. Also, where the world's most diverse nation comes in one place.