It is not a coincidence that it is easier to make money if you are born in America. Compounding isn’t just something that happens on your investments. As a community becomes better at solving problems, the depth of service providers, and support networks expands.
The ability to make money in America has compounded. Bryan Caplan calls the case for opening borders “Trillion-Dollar Bills on the Sidewalk”. The world would make more money if more people moved to America.
Money is made in containers. You need to build an environment that maintains and builds capacity. It comes from simple things soaking deep.
Like the gradual shift to long-term savings in Australia brought about by “Supers” (pension funds), where over the last 40 years they have collectively moved to being the 4th largest holders of pension savings (About AUD$3.4 trillion in assets) from saving a little more each year.
To breathe properly while running, you need to build your capacity for abdominal breathing. As you inhale deeply, your tummy comes up rather than going in (shallow breath). You use your diaphragm to create more space. Distance runners will practice bringing their focus back to slow, gradual, inhalations and exhalations rather than panting. Breathing correctly. Running correctly.
These seem basic, but the basics are what allow the flash. Building muscle memory for the relationship between income and expenses is like gaining control of your breath.
Slow, sustained, strength building. Best done as a team.
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