January 25, 2016 | Gunner Steele

Economics is actually a very simple field of study.

Truth be told, it's so simple and basic, that it takes hundreds of years of indoctrination, bureaucratic meddling, and mass apathy to screw it up.

This is how simple the study of economics is. I'll sum it all up in two sentences:

If you want a good economy, you must produce more than you consume.
If you want a bad economy, you simply consume more than you produce.

That's it. If you understand this, you are smarter than almost every Democrat you've ever met. And, most Republicans too. If you don't understand this, then you probably received a government education. ;-)

In fact, most American's personal finances are actually reflective of the fact that they have no clue about economics. And that's why I'm so passionate about sharing the study of Economics with everyone. By being on my list, I will keep you updated on world events, economic realities, and facts from history regarding economics that will keep you informed and will literally keep you on the cutting edge of society.

So lets start with something basic—cash. What is it? It's money, right? Well, sort of. But, not really.

You see, money doesn't really exist. And by that I mean it doesn't have any real value. You see, what exists is purchasing power. That's it. Your money—be it cash, stocks, hard assets, or a digital blip in a database somewhere (which is what most "money" is today) isn't real. Its simply a representation of the marketplace's confidence or trust in something's value.

And guess what? People change their opinions all the time meaning their confidence is changing all the time—so, money changes its value all the time.

For example, lets say you have $100,000 in the bank. What can you buy with that? Well lots of things, but for the sake of this illustration, let's say you decide to buy a new Tesla Model S electric car with all the options—fully loaded. You can do that for about $100k. But let's say the marketplace changes and the dollar is devalued and inflation goes through the roof and now that $100,000 will only buy you a new sofa.

See, you still have $100,000 but it no longer purchases what it once could. Why? The money is the same, but the purchasing power has changed. This is why money is not real. Only perception matters. And for you—if you want to acquire wealth, you must acquire purchasing power, not money. Money is simply one form of purchasing power.

Let me give you one more quick example. When I was a kid, my Dad pulled out some old comic books he found in a trunk in the garage. He had everything—Superman, Batman, Spiderman, Justice League of America—everything! And he had the first and second issues of each of them! They were worth thousands of dollars. And he ended up selling them for thousands of dollars, but here's the thing—the price on the comic books said 5¢.

So how could something worth 5¢ be sold for thousands? Because someone was willing to pay thousands for it. Its as simple as that. Those comic books with the 5¢ price printed on them proved that money isn't real (in other words, absolute value isn't real).

So why does this matter to you? Well, our current economy is in bad shape for one simple reason—we consume more than we produce. Duh! And even though the dollar appears to be strong right now, the fundamentals prove otherwise. We've been here before people, and it never ends well.

The good news is that when you're informed, you can take preventative measures to keep yourself and your family safe. And no I'm not talking about hiding in a bunker with emergency food supplies and lots of guns.

I'm talking about taking steps to be FREE. I'm talking about how to build and protect your wealth. How to protect your assets. How to preserve your freedoms. And how to maintain your peace and prosperity that our forefathers shed their blood to pass on to us.

But you need to know how. You need to understand Government, Law, and Economics. You need to understand that money is not real—only market confidence is. You need to understand that cash is meaningless, only purchasing power matters. You need to understand that to enjoy peace and prosperity, you must produce more than you consume.

And with this foundation, you can learn the basic steps you can take for your own self-interest and for that of your friends and family.

I will explain more next week when we take a look at what a "Federal Reserve Note" actually is. And why your wealth is in serious danger if you maintain all of your wealth in "Federal Reserve Notes."

Since you're on my list, I'm also going to share with you:

• What the biggest form of welfare is in the world (its not what you think).
• What countries in the world are statistically "more free" than the United States.
• What are the best forms of purchasing power and how to acquire them.
• What 3 secrets you can learn that produce more millionaires than any other form of education in the world.
• Which "old world" paradigms are keeping Americans poor and submissive to their government.

And that's just the tip of the iceberg...

Until next Monday, I'm yours in Freedom,
Gunner Steele
The Freedom Man