''Do your own thing and you will have your own personally directed economy. You don’t have to be affected by the economy around you. The economy is not an actual tangible and fixed thing. The economy of a nation is the sum total of the personal economies of each individual within that nation. And an individual’s personal economy is simply the reflection of their beliefs and actions. Any economy, then, is simply a reflection of the beliefs of the participants. The stock market reflects the beliefs of the investors and the beliefs that hold together all the internal functions of the companies on the stock market (which gives the companies their valuation). Watch what happens to an economy after a major news announcement on television. For example, today, houses could have an average value of €200,000, for example. Then, tonight, some newscaster may come and stress on how bad the economy is and dump a whole host of bad news. All at the same time, millions of viewers will be convinced that things really are bad. Tomorrow, the same houses are unable to fetch €130,000 just because popular beliefs have been altered!
The houses aren’t destroyed or changed in anyway. In fact, to an outsider who didn’t watch the news, the world looks the same as it did the day before. But suddenly these houses’ value is gone! It is amazing how much influence the media has on people’s economies just by changing their beliefs within minutes. A problem that could have been contained to affecting just a few people can spread to affect millions of people simply because of the nightly news. Having your own personally directed economy means that you will have to start maintaining your own vision regardless of what you hear in the news; don’t react to it as usual. It isn’t necessarily complete, true, or even applicable. The news is simply as statement of what happened, according to one perspective. It doesn’t have to lead to anything else unless you choose it. But now you begin to see the amazing power of the media; the ability to move an entire nation in a certain direction simply by spreading a piece of news. This power only works when the viewers agree to believe the news..''
The houses aren’t destroyed or changed in anyway. In fact, to an outsider who didn’t watch the news, the world looks the same as it did the day before. But suddenly these houses’ value is gone! It is amazing how much influence the media has on people’s economies just by changing their beliefs within minutes. A problem that could have been contained to affecting just a few people can spread to affect millions of people simply because of the nightly news. Having your own personally directed economy means that you will have to start maintaining your own vision regardless of what you hear in the news; don’t react to it as usual. It isn’t necessarily complete, true, or even applicable. The news is simply as statement of what happened, according to one perspective. It doesn’t have to lead to anything else unless you choose it. But now you begin to see the amazing power of the media; the ability to move an entire nation in a certain direction simply by spreading a piece of news. This power only works when the viewers agree to believe the news..''
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