Why People Will Always Be Poor | What Causes Poverty in America

Poverty does not exist because of politicians, racism, capitalism, low minimum wage or anything else most people attribute poverty to. Money can't cure poverty.. In fact it is the reason poverty exist! Poverty is systemic and inseparable from the current system we have.

Let's talk about how money is created and how it moves through our economy. An understanding of how money works will show you that mathematically it is IMPOSSIBLE to eliminate poverty.

In our debt based society, in order to keep things running we LITERALLY NEED TO STAY IN DEBT. But debt is the same thing that leaves people homeless, broken and with ruined credit because of what I explain in this video.

It is impossible for everyone to pay their bills on time. It is impossible for everyone to be current on their bills. Weird, but true.

#poverty #personalfinance #debt

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