Economic Multipliers (62)
Do you know what these are?
They help CREATE wealth in systems.
Knowing what you ‘own’ is an economic multiplier for you, IF you pay attention.
I own my neighbor’s trees.  I can’t cut them down and I can’t sell any of their wood.  I also can’t tell my neighbors if they should water them or how they should trim them.
But every day that I gain some enjoyment from them, I effectively ‘borrow’ them for my use and pleasure.
Doing this builds no permanent wealth for me.  But, it also takes nothing from me either.  And, my neighbors are able to ‘enjoy’ trees that I trim (provided that they like how I do things).
Everything in your world that you do not personally own but are able to gain some value from … either through ‘enjoyment’ or ‘use’ is a short-term asset which could potentially have some long-term return.
The ability to use and enjoy things without having to take responsibility for their care provides another economic benefit:  more time for other things … and time is a VERY valuable asset.
Look around you:  What do you ‘own’?  Do you take the time to ‘use’ and ‘enjoy’ those things?  Are you creating things that other people can ‘own’ indirectly?  Are you increasing the ability of the people around you to ‘enjoy’ life?
When I go to the library ... or go searching on the Internet, I feel I own knowledge.
I recently ran across a DVD called:  The Secret … which led me to an author … Edgar Guest … who compiled and wrote a lot of ‘feel good … achieve a lot’ poems … which led me to an old book on philosophy (1926) by Robert Collier:  The Secret of the Ages (about the benefits of visualization).
Philosophy (all religions are various philosophical belief systems) is an interesting field.  You must weigh all words carefully and look for inconsistencies (from a belief system perspective AND a time (historical) perspective).
For instance (I’ll take a food example from Collier’s book because everyone eats), Collier’s book notes that people’s digestive problems (when they have them) are in their minds and the mind has the capacity to ‘fix’ just about anything that goes wrong in the body.  But in a later section he notes that an elderly rural man who ate a healthy diet died because he ‘went out and partied’ in a large city that was celebrating his old age.  These are inconsistent thoughts … unless … (and we’ll never know) … the elderly man thought he was going to die because he ‘messed up his diet.'
As an advocate of visualization, I believe it has limits.  As time moves forward, science offers up more explanations for how things work and if we’re lucky, we take advantage of this knowledge.
Scientists would tell you today that genetics has an impact on how diet affects people:  I’d never tell a child with a peanut allergy that it’s ‘just in their head.'
Scientists would also tell you a lot of other things.
No matter what any scientist or philosopher would say, if a piece of information or text that you ‘use’ or ‘enjoy’ makes something in your life better (without taking anything away from anyone else), that is an economic multiplier for you.
If you are able to provide something that others can ‘use’ or ‘enjoy’ (without it taking anything away from you … except perhaps a bit of time), that is an economic multiplier for others.
Keep in mind that I’m writing about ‘things’:  ‘People’ do not exist for other's ‘use’ and ‘enjoyment.’  The first is many times called slavery.  The second is many times called ‘abuse.'
History has shown over and over again that when communities and nations do not respect other's rights and freedoms (i.e. people forget that other people do not exist for their ‘use’), societies start to break down (sometimes quite rapidly) and wealth (all the ‘stuff’ that people ‘own’) starts diminishing (sometimes quite rapidly).
'People’ (who should never be ‘used’ or ‘abused’) are always any nation’s and community’s greatest asset … especially when they are creating ‘things’ that others can ‘use’ and ‘enjoy’ … indirectly creating huge bases of ‘ownership.'
HOW you use what you ‘own’ determines the economic multipliers you create, for both yourself and others.