IDENTIFYING THE CYCLE

Friday May 25th, AD2007

"You refer to the Life Cycle of Money, what is the cycle and what are the seven stages?" asks a valued Daily Dig reader. 

"Why is the discussion of money even important?" I am often asked. The answer is simple. Many people aspire to create wealth from their labour, what they often incorrectly define as "making 
money" (1). I always like to point out that if someone hopes to make money, they need first to understand what money is. And to know what money is, we need to know its cycle. 

The Life Cycle of Money is a cycle that has played itself out repetitively through all of history; through every civilization, society, economy, nation and empire. It's a large cycle that takes, in many cases, many hundreds of years from start to finish. It's larger than our own life's experiences or memory. And that's the reason history is so important, because it is by looking at history we are able to identify the way the cycle works, where we are in the cycle, and where we are heading. 

Correctly interpreting the Life Cycle of Money becomes part of our wealth creation foundation. 

Sincerely - Philip Judge pjudge@anglofareast.com 

(1) There is a clear difference between 'creating wealth' from our labour and 'making money'.