I've never believed that you receive something for nothing.
Yet, it's always amazed me that multi billionaires never start off a bank. Deposit a billion in a first home buyers fund. Where depositors on a minimum place $100 per fortnight, a week, a month.
Then in ten years, from 18, just say at the age of 25-30, they accrue their deposits, plus the interest, also their percentage of deposit on the interest of the original 1 billion.
How many billionaires are there? The problem with all of this, is how the Earth would handle supply. Going by what is happening at the moment. Lumber in the US has increased by 300% in the last 12 months alone. Here it's been frantic for the past few months also........we have timber, but exporters are diverting to the US market for the dollars.
Trees are being felled at an unprecedented rate. Even when the Earth is suffering huge forest fires in plantation and native forests.
Government stimulus should have stayed out of the domestic market. Shortages are worldwide, worse than the bloody pandemic.
Everything was balanced, then they panicked, now, it's free for all.
Who is reaping the benefits? The middle men no one ever sees. The billionaires I mentioned earlier.
It's not going to end well, it never does. The larger the up, the bigger the down.
Been in the building game for nearly 50 years. Believe me, or not.
The largest issue the world faces.................there is no interest rate to drop, to stimulate a failing world economy. There are no more government funds to stimulate infrastructure projects.