The Deception of Wealth

Have you ever wondered why money keeps on losing value every time ?

Just after Independence, the Zambian Kwacha was equivalent to about two US dollars. Today it takes nearly five thousand Kwacha to exchange it for one US dollar.

We have heard of countries whose national currencies became worthless, to a point that to buy a loaf of bread, one has to carry a suitcase full of cash!

Money in itself does not represent wealth. Money is a means of exchange of wealth or value.

To illustrate this:- Suppose you were given one million US dollars cash today, you would be an instant millionaire and would be jumping all day long.

The one million dollars would have some value if it was given to you in a city flourishing with all types of goods and services that money can buy.

If you were given that sort of money and left with it at an isolated oasis in the middle of a desert, would it be any use to you? Certainly not. If no food and water was brought to you in time you would certainly starve to death!

For money to be useful to people wealth must be made.

Wealth comes in form of consumer goods and services that are produced by people working to have them realised.

Wealth can only be created in the nation when everyone is involved in productive work that produces value.

It is very sad to note that nowadays many societies are slowly changing from producing to consuming products.

In many countries political leaders are voted into power by promising the electrorate developmental projects in their areas.

These projects are either funded by money borrowed from other countries where wealth is produced (people working hard) or taxes of the working class.

The question we should ask ourselves is : Can development in any country be brought by merely changing political leaders ?
The answer is certainly a big NO.

Wealth can only be created when the citizens of any country are productive.

The role of the political leaders in any country is to put in place policies that will encourage productivity amongst its citizens.

If citizens are not empowered to produce wealth from the country's resources, no amount of political propaganda and bigotry will bring development to that nation.