Why Some People are Rich and Others are Poor
Have you ever wondered why so few people own so much of the world's wealth? How did some people get so much money? Why is it that the gap between the rich and the poor keeps growing?
Sometimes people blame the poor for being poor. Indeed there are certain actions that do sometimes prevent people from escaping poverty; having a big family, not getting an education, and so on, but these things are not directly related to why some people are rich.
The poor are making the rich richer. Every time a middle class, or low income person, shops at a chain store such as Walmart, or eats at a chain restaurant such as McDonalds, or buys a international product, such as Pepsi, they are handing their money to the rich company that owns the store, restaurant, or production company. They are giving their money to the rich business owners, overpaid, CEOs, and so forth. They are sending money out of their local economy forever (in the form of profits).
To make matters worse the poor also force businesses to make the rich even richer. Every time a person uses a credit card, or debit card, the business where that card is used has to pay a fee to the credit card company or bank. Bankers, such as the Rothschilds, are some of the richest people in the world, why are the poor making them richer?
What it comes down to is that the middle classes, and the poor, are not supporting each other, they are supporting the rich instead.
- Shop at Local Small Businesses
- Pay with Cash
- Eat at Independently Owned Restaurants
- Shop at Farmer's Markets
- Buy Products Made By Small Manufacturers
Image Credit » image by author's husband