August 20th, 2015
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There used to be a simpler time when there was no Internet, TV, jet airplanes, penicillin nor 401Ks. Imagine you lived in a world where little had changed for generations. Your life was the same as it had been for your parents, grandparents and ancestors for thousands of years. A world in which:
You were happy, but your family had experienced little change in lifestyle for as far back as the story could go. And forget about accumulating savings or wealth; this was an unknown concept.
Most people think of history as a gradual progression. We think of our ancient ancestors as hunter gatherers, who slowly learned how to master the world and improve their standard of life. As generations followed, mankind built upon the accumulated knowledge of those who came before them and made the world an even better place for their children and future generations. The compounding effect of knowledge.
Part of this story is true. We did slowly learn more and more about how the world worked. We learned how to farm; how to domesticate animals; how the planets moved and affected the season; how to mark time; how to make a wheel; how to build great structures, roads and aqueducts. From time to time, we even built great civilizations across the planet.
What is NOT true is the idea that our standard of living rose along with all of these developments. For thousands of years, the life of the average human improved little. Even as late as the 18th century, standards of living for the average family had changed little since the hunter/gatherer days:
This ebb and flow continued with really no improvement. Egypt rose and fell, Babylon rose and fell, Greece rose and fell and Rome rose and fell, followed by the Dark ages and then the Renaissance. When some groups did flourish (for a period), they had mostly created their wealth on the backs of others, through conquest and slavery.
Is this what you were taught in school? Can you believe that until just a couple of hundred years ago, the average family made no overall progress? Sure, we knew more, we learned a lot; but if you divided up all of the material progress the world had made by the number of people, we were no better off.
So what made the difference? What happened and changed that today we can enjoy a lifestyle unprecedented in world history? Do you want to know what changed the world since then? Well stick around for lesson number two. I will share with you the dramatic change that made ALL the difference in the world, the one thing that allows you to live how you live and enjoy the largesse of your labor—the secrets to economic success!
The future of your wealth depends on this most important breakthrough! Stay tuned.