The Real Solution to the Economic Inequality Crisis

This is how to really reach your goals... [Shield] AN OXFORD CLUB PUBLICATION [Liberty Through Wealth]( [View in browser]( SPONSORED [Better Than Oil Stocks]( [Click Here to Play]( The best way to profit from energy is NOT a stock... Rather, it's [this little-known alternative investment](. [CLICK HERE TO FIND OUT MORE]( THE SHORTEST WAY TO A RICH LIFE [The Real Solution to the Economic Inequality Crisis]( [Alexander Green, Chief Investment Strategist, The Oxford Club]( [Alexander Green]( There's nothing that the national media - and social media - like better than a good "crisis." The word is a surefire attention getter. If you want to attract as many clicks, likes, shares, advertisers and subscribers as possible, make sure to put the word "crisis" in your subject line or headline, as I have here. People are exquisitely attuned to risk. So they are generally willing to give you a listen if you warn about a brewing crisis - and provide a potential solution. Politicians love a good crisis too. Why? Because it gives them something to run on. Leave aside for a moment the inconvenient fact that the government itself has played a major role in everything from the border crisis to the debt crisis to the crisis in higher education. Politicians need attention, donations and votes. So they proclaim loudly what they intend to do to fix the problems that they created, ignored or made worse. Political action groups do the same, even when they must distort the facts to make their case. Take Oxfam, for example, and the supposed crisis of economic inequality. Oxfam describes itself as "a global organization that fights inequality to end poverty and injustice." In its annual report released last month, it warned the world about "widening and extreme [economic] inequality." I'm tempted to insert the story of Peter and the Wolf here. But instead, I'll just let the facts speak for themselves. SPONSORED [Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move]( [Nate Beat - Play button]( He started from nothing and became a multimillionaire... He's now one of the most sought-after trading experts... Yet he operates 858 miles from Wall Street. And now, he's revealing his No. 1 favorite strategy that targets MASSIVE weekly profits with just one stock ticker. [SEE THE PROOF HERE]( According to the recent UBS/Credit Suisse Global Wealth Report - the very one that Oxfam used to reach its conclusions - most inequality indicators are at their lowest levels in a century. The global Gini coefficient measuring inequality has fallen from 92 to 88 since 2000. The top 1% of income earners saw their global share drop 9.2% over this period. Global poverty is now at its lowest level ever recorded - 8.6%, down from 29% in 2000. Oxfam - like many people and organizations - doesn't understand how the global economy works. It believes that wealth and poverty is a zero-sum game. The only way one person gets more income - or greater wealth - is by denying it to someone else. If the world economy were a pizza, this would be true. A hungry person who took two slices would leave fewer slices for everyone else. But that's not how the economy works. Economies expand over time. Incomes grow. And so does household wealth. It's not true that the rich are getting richer and the poor are getting poorer. Or that one person's success is another person's downfall. If you got a raise last year, it didn't make someone else poorer. If your portfolio earned a big return, it doesn't mean someone else's returned less. Anyone who is willing to work, save and invest can improve their economic security and achieve some measure of financial independence. The real shame of Oxfam - and other organizations that exaggerate the problem of economic inequality - is that they always blame "the rich" instead of encouraging the non-rich to get educated, develop skills, and embody the personal characteristics (like reliability and persistence) that will allow them to rise economically. Yes, some folks will lag due to no fault of their own. Some are born with a low IQ. (A big detriment in a knowledge-based economy.) Some may have physical or emotional limitations. Others may have simply had a run of terrible luck. But Oxfam dislikes wealth more than it hates poverty. So its proposed solutions are never about empowering the individual to create real change. Rather its solutions are always more taxes, greater redistribution, higher minimum wages and paid-leave mandates. Unfortunately, history shows that these policies lessen opportunities for those at the bottom of the income ladder, making it harder for them to succeed. To fix the income inequality that matters most to you - your own - the key is not to focus on what other people have but to ask a few questions to the face in the mirror. Have I done enough to increase my value to my current or prospective employer? Have I managed my monthly wages and expenses well? (If your outgo exceeds your income, your upkeep becomes your downfall.) Have I invested my savings wisely? Have I left my investments alone to compound - Warren Buffett calls it "a snowball rolling downhill" - so that it creates substantial wealth? These are the questions that can lead to powerful, life-changing habits - and true financial independence. Being resentful and envious of those who have more? That doesn't achieve much. Unless the goal is to feel bitter and angry. Good investing, Alex [Leave a Comment]( [The Oxford Club's Wealth, Wine and Wander Tour of Spain - Barcelona, Granada, Seville and Madrid, June 6-16, 2024 (plus special extension through June 21)]( BUILD AND PROTECT YOUR WEALTH - [Marc Lichtenfeld Called the 2022 Boom in Oil Stocks... Now He Says Something Even Bigger Is Coming. Click Here to Find Out More.]( - [In an Election Year, This Oft-Ignored Metric Matters]( - ["My First Impression Was 'You've GOT to Be KIDDING Me!'" - Bill O'Reilly]( - [Catalent rises 11% after acquisition]( JOIN THE CONVERSATION [Facebook]( [Facebook]( [LinkedIn logo]( [LinkedIn]( [Email Share](mailto:?subject=A%20great%20piece%20from%20Liberty%20Through%20Wealth...&body=From%20Liberty%20Through%20Wealth:%0D%0A%0DThis%20is%20how%20to%20really%20reach%20your%20goals...%0A%0D [Email Share](mailto:?subject=A%20great%20piece%20from%20Liberty%20Through%20Wealth...&body=From%20Liberty%20Through%20Wealth:%0D%0A%0DThis%20is%20how%20to%20really%20reach%20your%20goals...%0A%0D MORE FROM LIBERTY THROUGH WEALTH [Economic Inequality]( [Is It Social Justice... or Theft?]( [AI Money]( [Patience Allows You to Reap the Best Rewards]( [Oil Barrel Profit]( [Biden's Blunder Could Spark a Record Oil Boom]( [Financial Literacy]( [How to Get Rich... and Not Get Taken]( SPONSORED [Biggest Investors in the World LOADING UP on This AI Stock]( [Alexander Green #1 AI Stock]( It's a small cap that trades for less than $10... Yet the biggest investors in the world own millions of shares. Why? Because their AI just did something no company has ever done before. [Details here.]( [The Oxford Club]( You are receiving this email because you subscribed to Liberty Through Wealth. Liberty Through Wealth is published by The Oxford Club. Questions? Check out our [FAQs](. Trying to reach us? [Contact us here.]( Please do not reply to this email as it goes to an unmonitored inbox. [Privacy Policy]( | [Whitelist Liberty Through Wealth]( | [Unsubscribe]( © 2024 The Oxford Club, LLC All Rights Reserved The Oxford Club | [105 West Monument Street](#) | [Baltimore, MD 21201](#) North America: [877.806.4508](#) | International: [+1.443.353.4610](#) [Oxfordclub.com]( Nothing published by The Oxford Club should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by The Oxford Club should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of The Oxford Club, LLC, 105 West Monument Street, Baltimore, MD 21201.