“Central Banks have Become Irrelevant” an article by Russell Napier
1️⃣ Central banks are becoming irrelevant since the money supply is now controlled by governments.
2️⃣ Governments will not give back money supply power.
3️⃣ We are going for high inflation period. 4-8% in developed nations as soon as 2021!
4️⃣ High inflation will be governments way of solving national debt.
Qoorio finance professionals - do you agree?
A professor with phd in economics who spent 20 years studying or a practitioner who never studied economics, has no degree but worked last 20 years as an entrepreneur. What would you choose for your businesses?
Why do you even wake up @5AM?
Early mornings for me used to be :
A. Stressful trips to the airports, while haven’t got enough sleep.
B. Going fishing with my dad (these were awesome but still I would wake up all triggered and exhausted.)
C. Trips to the hospital.
So far you should have already got the point that early mornings for me = no fun.
What my early mornings are now?
I take my time slowly, because everybody else is still sleeping. I make myself a cup of coffee, cook some light breakfast and listen to some audiobooks or podcasts, depending on the situation. Before I got my knee injured, I also used to jog in the morning.(The views would be even better than in the photo, trust me;))
As simple as it gets. I hate to rush somewhere, for example: school, work, whatever the case might be. I choose to enjoy my time, because good morning sets a tone for the day. Main pros:
A. You feel motivated. It’s an awesome feeling to have already done much more than your friends or other companies.
B. You learn much more about discipline. Discipline might be a huge factor in your success. F.e: you won’t be amused by that sweet donut at the coffee shop, might save some extra $ or kilos;) There is a quote by Jocko Willink(ex navy seal) - “ Discipline equals freedom.”
C. Productivity level. For some, it might be a huge game changer. Personaly, when I started rising early, it became much easier to finish the tasks in shorter amount of time. However, you should test it and then make conclusions. I just love the idea of testing and learning. Don’t be afraid to sacrifice one week;)
When not to get up early?
PRIORITISE SLEEP HOURS. Some people need 6 hours, others can’t live without 8. Basicaly, don’t sacrifice your sleep hours, so you can rise early. Hell no.
That’s the only situation that I don’t find benefits of waking up early.
As the saying goes : early bird gets the worm.
Thanks for your time❤️