Why the Rich/Poor Wealth Gap is so Bad

Why the wealth gap between the rich and the poor is so bad. Why it's widening. Why it's getting worse and worse and why it seems so unfair and divided. And I've done a lot of research into this, 16 years worth of research into money. I wrote the UK's best-selling book on money called Money, and in recent times I'm writing my new book called Money Revolution. And I've been doing some deep research into why the rich get richer and the poor get poorer, and why there's such a wealth gap, and if there always has been such a growing wealth gap. And there are 4 main reasons, as I see it in my current research, as to why the rich get richer and the poor get poorer, and why there's such a big wealth gap. And I'm going to share those with you in a moment. Now, a lot of people think it's because life is unfair. 'Or it's the government's fault,' or 'The rich are just greedy bastards.' Well, actually, only one of those is true, and it's probably not the one you think, and I'll share that with you in a moment. But what you see in the cycles through history is this sort of revolution from war into peace and chaos into order. And when you have peace and order, usually after some kind of revolution, you generally have prosperity, not austerity, and you generally have wealth relatively well distributed, not so much divided. But then as you move towards periods in economic cycles of disorder, of chaos, of revolution, two of the great factors that create these revolutions, and I believe we're coming towards a financial revolution, one is the political dividedness and one is the gap between the rich and the poor in terms of the wealth gap. So right now we're very extreme, aren't we, politically, where it's very far left and very far right and each make each other completely wrong and attack each other vehemently. So we have this great political divide. But we also have a large wealth divide and wealth gap, and that's part of the stage of the cycle towards a revolution and part of the extreme situation that we're currently in. So I believe there are 4 main reasons why this wealth gap is getting bigger and bigger and bigger and bigger. And actually, this is quite a solution-based live video for you, so I would recommend that you share this around. I'm not going to sit here saying that it's because there's a new world order and we are being controlled and manipulated I'm actually going to give you the practical reasons why the wealth divide, the wealth gap gets bigger and bigger. So the first one is education. Unfortunately, I think we've got a real education problem. You know, they say the pandemic of, you know, a virus. Well, I think we have a pandemic of broken systems. The NHS in the UK and the education system in the UK. So unfortunately, in the poorer areas, the education is worse, it's lower. And therefore they don't get the same opportunity. And it's not just because the poor location, it's the lack of education. Because if you took those same people who were born into relative poverty but gave them good education, then they would be able to flourish. Now I'm specifically here talking about the education around wealth and money. You know, I wrote in my book Money: The Formula for Wealth, wealth equals perceived value plus fair exchange times leverage. There is a formula for wealth: perceived value plus fair exchange times leverage. And unfortunately, many people don't learn to be wealthy. They don't know the mechanics of money. And the people who educate themselves around money and wealth, they take personal responsibility. Whereas the poor— well, actually, I'm going to talk between poor and broke. So poor is born poor, not your fault, don't know any better because of circumstance or environment. Broke is not necessarily born poor, full of opportunity, information at your fingertips, and you blame everyone and you complain and you justify your broke position. So poor and broke are different, but the broke often blame and don't take responsibility, whereas the wealthy or those that desire to be wealthy They learn to earn. They invest in their knowledge, in themselves, as they know they are an asset, as well as trying to invest in physical and digital assets. So that's the first reason that the wealth gap grows, because what you appreciate appreciates. So if you appreciate and learn about money, it appreciates. And where focus goes, energy flows, and results show. So even though you might be in a difficult situation or broke or raised in a poor area, you can still Listen to podcasts and watch YouTube videos and go to your local library and educate yourself and take responsibility to change your situation. And my money book has done that for— I don't know how many people now, I don't want to make a number up, but lots of people around the world. I should find out how many book sales we've done on money. I did see a nice big royalty check come in a couple of months ago, so— Okay, next then is the gap between the rich and poor gets bigger and bigger and bigger. Because if the broke have any surplus money, they spend it. And they may spend it on depreciating liabilities, or they may spend it on consumables, or they may spend it on addictions and emotions. Whereas when the rich have any surplus disposable money, they invest it into assets that appreciate and generate income. Because a lot of people are saying, "Oh, well, no one's got any spare money, no one's got any disposable income." That's not true. You can live on a very, very low overhead, and even if it's only $100 or a pound surplus, if you waste that on consumables and depreciating liabilities— and you know what the broke do is they spend more than they earn— whereas even if you've only got $100, if you invest that into an asset, that might yield you 5%, and then every month $100 into an asset, and then as you save a bit more, $200 into an asset, and that soon grows. So the second reason the wealth gap gets bigger and bigger and bigger is the rich and the wealthy of mind and money invest surplus income into assets that beat inflation, that pay residual income, and those assets go up. The broke, they spend money on consumables and depreciables and money to, you know, alleviate and relieve their emotions and addictions. And because these compound, by the way. The third reason that the rich get richer and the poor get poorer is because the rich build a network of millionaires and mentors and advisors and accountants and lawyers. And accountants and lawyers advise them to protect their wealth. And mentors advise them to invest and grow their wealth. So they have this like mastermind of great minds. Whereas unfortunately the broke people hang around with other broke people and they do what broke people do. You've probably heard the saying that you are the 5 people you spend the most time with. So, you know, if you're hanging around with low-grade people— and I'm not saying that from a moralistic judgment point of view, I'm talking about this in terms of pure money— but a low-grade money person, they spend on consumables and depreciables They spend more than they earn. They spend on addictions and alleviating their emotions. If you hang around enough people like that, you're going to do that. You're going to be influenced by that. Whereas if you have a network of millionaires and you see how they spend and invest their money and what businesses they build, and you've got good accountants and lawyers and tax advisers who can help divert money into assets and reduce your tax and increase your income. That's the third reason why the rich get richer and the poor get poorer. And then the fourth reason, this is the big reason, by the way. I'm glad you stayed here till the end. You want to share this because this is the big reason. And most people don't know about this because it's a hidden form of poor tax, and it is inflation. So the reason at the moment why the poor are getting much more poor is because they don't hold assets, they only hold cash or savings or money in their current accounts. So they only have money, and money is being depreciated hard by inflation and quantitative easing. And the soaring cost of living. So they're stuck. You know, if you only have paper money and paper money is going down in value, then you are getting poorer. Whereas the rich, they have inflation-protecting assets. So as inflation is pushing down the value of money for people who are on the breadline and broke and poor, and they can do nothing about that, and the government is driving that, by the way, that's actually making the rich richer. Because they don't hold much cash asset, they hold physical asset. Inflation often pushes the physical asset price up, and inflation wipes down the good debt on the physical asset. So you know I said earlier that there's 3 things that people think that make the rich get richer and the poor get poorer? That life is unfair, that the government are evil, and that the rich are greedy. And I said only 1 of them is correct and 2 of them aren't. It's not that the rich are greedy, and it's not that life is unfair, but the government don't help the broke in times of austerity and in times of revolution. And inflation and food and energy and fuel and the soaring cost of living crisis is banging inflation up so high that unfortunately anyone who only has money as a form of wealth Money is a very soft asset, a soft form of wealth. And by the way, that's 95% of the population probably. Most people don't have assets, they only have money as a formal store of wealth. And the government are debasing that and that value is going down hard. Now part of that isn't the government's fault necessarily, but they did lock us down and that was a big part of it. And they are financing wars and they don't have to. So you could argue there's a lot of mismanagement in government. Forcing the value of money down, making the poor get poorer. Now I've banged on every single day in my Facebook Lives, every single day. You cannot say I haven't told you this. Even my wife said to me yesterday, don't you get sick of saying the same thing over and over on your Lives? No, I do not. Because earlier I said that education was the big problem. If you learn about investments, if you learn about how inflation works, the downside but also the upside, if you learn how to build passive recurring income, digital assets, physical assets, make, manage, and master money. If you learn all of this stuff, it does not matter what country you were born into, it does not matter how poor you may be, you can change the situation. So what you need to do is get better education, and hopefully my lives and maybe my book Money, for example, will help you. You need to take full responsibility for your wealth by learning how to make, manage, and master money. You need to take any surplus money you have and get it out of soft money money and into hard assets. Real estate, gold, building your personal brand, launching a business, etc. And I've been saying this over and over to you. You need to get around good people, millionaires, mentors, masters, advisors, and because they will pull you up. You know, everything's dynamic and moving in the world. You know, everything is a transference of energy. And so when you hang around people, if their vibration is higher than yours, they're going to pull you up. If their vibration is lower than yours, they're going to drag you down. So you need to be around people who are going to pull you up. The financial education, the energy, the belief. And you need to have really good advisors who know how to make, manage, and master money. And then this is the big one. You've got to get your money out of softy deflationary currency, fiat currency, and into hard assets, inflation-beating assets— real estate, personal brand, building a business, starting a side hustle, etc. Otherwise, you're going to get pulled into the trap, pulled down by the government, and you are going to get more and more poor. And by the way, right now you need to earn 20% more year on year just to stay net even. I.e., if you don't earn 20% more next year, your money is going to go down and your costs are going to go up. So it's pretty serious. So if you'd like to learn how to take full responsibility, if you'd like to learn how to educate yourself on making, managing, and mastering money, if you'd like to learn how to invest in assets that produce recurring income and beat the wealth gap and beat inflation and beat the government, if you'd like to build a network of masters and mentors and millionaires and advisors, and you'd like to turn inflation into your friend instead of into your enemy and leverage the wealth gap so you can be on the rise, not on the fall, you need to join Rob.team. Rob.team is my way of disrupting the education system. The education system is screwed. Unfortunately, there's not enough money education in schools— making it, managing it, mastering it, your emotions, budgeting, investing. You're not really taught properly about inflation and cost of living and managing your money emotions. And so Rob.team is a disruptive financial education platform which aims to help as many people on the planet get better financial education, to help you make, manage, and master money, to help you build assets, produce multiple streams of recurring income. And in this financial revolution that we are absolutely moving into, The wealth gap will get worse before it gets better, before there's some kind of revolution, as we get populists come in because the people are so angry. So if you join Rob.team, then you're going to get this financial education resource. It costs less than a large coffee, which by the way, a uni degree can cost you 100 grand or more, and you learn from people who are broke. Yet Rob.team costs you less than a large coffee. It costs one-third of the price of Netflix. You can cancel anytime with no subscription. You can learn, earn, invest, increase your wealth and not get sucked into the wealth gap and make recurring and passive income. So here's what you need to do. Just open a new page right now on the internet. Do it now because I've got to go in a minute. Just open a new page and type rob.team into a new web page. Just type rob, Rob, team. Team. Go join now. Less than a large coffee. You can cancel anytime. No contract. And you've got hundreds of hours of content on monetizing social media, on the 5 fastest ways to gain $100K in revenue— your first or your next $100K. We've got how to automate sales and marketing and generate leads, how to turn content into cash flow, how to invest. So we've got a 9-module, 10-hour series on how to invest. How to invest in hard inflation-beating assets. Money mindset, money skill set, strategies and tactics of money. Latoya is part of Rob.team and says she loves it. Thank you, Latoya. So if you just type in R-O-B, Rob, dot T-E-A-M, Rob.team, you can join right now. Cancel anytime if you need to. Because most people agree on my lives that the education system is broken. They're actually looking at going down to a 3-day week because they cannot afford the increase in teacher salaries and the, the cost of energy. And that is a sad state of affairs. And most people also agree that they weren't taught about money budgeting, money emotions, assets, investing, etc., in school, which surely is a, a really important thing that we need to learn because Without money, you can't do most of the other things that you want to do in life. So this is what Rob.team is. It's a disruptive way to change the school system person by person, month by month, by giving you better financial education and knowledge from someone who's actually made a lot of money and researched and studied money and made it a 16-year career. So just open up a new page on the internet. Do it now. Type Rob. Team into a new window. Go and join. The next masterclass coming up is how to hack viral growth and build a following on social media without any ads or spend, organically, so you can start monetizing social media, turn your content into cash flow, your information into income. Then we've got a mindset and money masterclass coming up very soon. We've got 21 ways to monetize social media already in the Vault on Rob.team. We've got the 5 Fastest Ways to $100K already in the Vault in Rob.team. We've got a live event coming up through Rob.team called Multiple Streams of Business Income: How to Build Online Business Income Streams Fast. So these are all events that you can gain access to. You don't have to pay for the events, and some of them cost hundreds of dollars and pounds. You just have to be a Rob.team member. So just type in Rob.team. Team, rob.team, into a new window right now because the wealth gap is getting worse. It is a predictable pattern of the cycle. If you study cycles going back, financial cycles and revolutions, you know, the wealth gap getting bigger and bigger is a sign of unrest. It's usually before some kind of political or financial revolution of sorts. And there are 4 main reasons for it. And people just think it's because the rich are greedy, or the government are bastards, or that life is unfair. But it's not. It's that the rich learn how to get rich. The rich invest surplus money into assets. The rich build a network of other rich people. And the rich use inflation as their friend to build their asset base instead of their enemy. Whereas the broke blame people or can't get access to the information. Or don't take responsibility. Sometimes it's their fault, sometimes it's not. The broke spend their surplus money on depreciating liabilities and consumables. The broke hang around broke people, and the broke are wiped out by inflation because they only have money, and that wipes out the value of their money. And it might not always be their fault. Some poor people don't have a bank account. Some poor people only budget and manage with cash. That— but education is where it needs to change, and this is why I have Rob.team, and you can help yourself. Oh, and by the way, a new thing I do on Rob.team now is you can't share your login with anyone, but if you have children, your children get membership to Rob.team free because I want to educate the kids as well. So just type in R-O-B dot T-E-A-M, Rob.team, into a new window, and I'll see you there. So I wonder if you might share this because I don't think a lot of people understand the wealth gap and how it works, and I want to get this message out to as many people as possible because armed with the right financial knowledge, you cannot just survive but thrive through these divisive times. And you can control your life because you control your money. And there's an attack on your money right now. Inflation, taxation, soaring cost of living. I've never seen so many attacks on your money since, well, in my lifetime. So you need to protect yourself, and rob.team can teach you all the ways to do that. So just type rob.team into a new window and I'll see you in the members area. You can gobble up all the content right now. And remember this: if you don't risk anything, you risk everything. Please share this.