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Wealth Insight 2009-12-25

Running On Faith
 
This newsletter goes out on Christmas day. This is a day when Christians are reminded of their faith. So today I am going to be talking a bit about faith.
 
But it’s another kind of faith I’m thinking of right now. A kind of faith that has kept the material world as we know it going for nearly 40 years.
 
A kind of faith that gives me faith in the power of faith itself!
 
In 1971 Nixon unpegged the dollar from gold. That means a dollar bill is no longer exchangeable for gold. It is worth no more than the paper it is printed on. Yet people trust it.
 
It happened because the U.S. was printing more dollars and running out of gold to back them to the required level. The Vietnam war was expensive and the U.S. had budget deficits.
 
So Nixon changed the rule and said that gold would no longer be backing the dollar. Essentially the U.S. defaulted, they admitted insolvency.
 
Strangely enough they got away with it. It has had some very big effects. Debt. Booms. Busts.
 
There are problems. But the amazing thing is how well things carried on even without gold. Which tells me that the true gold is human trust and faith.
 
I think governments make use of these qualities in ways that are not healthy. But that doesn’t detract from their worth.

I want to honour those qualities today because they truly shine.
 
With trust and faith all things can be accomplished.

Imagine if we used the power of this kind of unquestioning faith for good! Imagine if we used it for something positive!

Perhaps we should think about making the year ahead a year during which we marry the truth with the power of faith for a truly new and creative way of living.
 
My hope for you in the coming year is that you create what you trust and believe in, in your own life.

Hannes Dreyer
Wealth Creators Mentor

PS I published some new property articles this week - I hope you enjoy them:

 

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Testimonial

Steve Musumba
The day I stumbled on you will always remain the most important day in my life as it marks the time when I started doing something about making my life more meaningful. I started the Kaizen Challenge on the 1st of July and kept on stumbling along but even then l had never done anything where in spite of sometimes feeling down l was always Read more...
Andries Bezuidenhout
It’s several weeks now after my 48th assignment. I waited a while longer before tendering my 400 words report back cause I really want to experience and see a bid more how my life will change. Changed it did! It’s wonderful to wake up every morning with the thought that this day will be great. The universe Read more...
Albe Basson
Ek het baie getwyfel oor of ek die kursus moet aanpak of nie, die geld was skraps en ek sou dit sekerlik op ander maniere beter kon aangewend. Maar nadat ek ‘n paar maande uitgestel het, met net ‘n drukstuk in my dagboek-stelsel, het ek op laas oë toegeknyp en Read more...
Saleem Van Staden
Today I have reached the end of my challenge and I feel somewhat elated to have accomplished my task which for me personally has become a vision and a mission attained; truly a life changing experience. There is a deep sense of accomplishment, but also the underlying reality, obligation and responsibility that in order to continue growing spiritually, mentally and physically, I will have to persist in the same pattern and manner Read more...
Gerhard Hattingh
My biggest challenge during the Kaizen Challenge was doing the challenge and completing it. I am a pilot (ex-helicopter pilot and again in the future) and no two days in a row are the same. I never go to bed at the same time due to different flight schedules (one day getting up at 03:45 to start work at 04:45 and going to bed the next day at midnight due to a late landing. Then next week I am doing an international flight Read more...