I've always wanted to be wealthy.

Not so I could buy designer clothes, Lambos, or a gold Rolex (sure that's fun and all).

But the reason I wanted to have money is so I can have peace of mind.

I wanted to be wealthy so:

• I can help those around me live a comfortable life.

• I can go to the grocery store and not have to worry about the price of milk, eggs, or bread.

• I can be able to spoil my partner whenever I want without having to worry if I'll be able to pay next month's rent.

• I can live and own a house, so I can raise a family without having to worry about rent prices going up after each lease.

• I can give myself, my partner, my family, and friends the best medical care I can without going into generational debt.

I wanted to be wealthy so I can live my life on my own terms without being told what to do or being afraid of not being able to do the things I love.

And by the day, I realize the importance of having money.

If you don't have money, you simply cannot live.

That's a fact.

But it seems like in Europe and the U.S.A., most people are struggling to live a comfortable life.

Living standards are falling in Europe (UK, Germany, and France to be exact).

I have friends living in those countries, and whenever I speak with them, it becomes more clear that it's almost impossible to own a home now, let alone an apartment.

It seems like what they make is barely enough to make it to the end of the month.

And they're doctors and engineers — so it's not like they're "unskilled labor".

Houses cost ~10x the average wage (in the UK). That's before taxes and expenses.

After taxes and expenses, you're looking at 20+ years.

So this is what I'll be writing about today:

• Why living standards are falling (and why your kids will never own a home)

• Why the middle class will be extinct in the next decade

• Wealth inequality (and how it's only getting worse by each day)

• How economists are delusional and basically lying to you.

• Why traditional economies are a thing of the past.

• What you can do about it & how to create your own

But before I start…

I want you to stop reading this NOW:

• If you want a safe and predictable life.

• If you want to be an employee your entire life.

• If you think money is evil and it corrupts people.

• If you don't want to think for yourself and be in control of your own life and decisions.

• If you want to work every day for 8 hours, 10 hours, 12 hours, or whatever the new standard is for a full-time job.

• If you don't want to expand your perspective and broaden your view in life about money or wealth inequality.

• If you want to leave your future in the hands of selfish and greedy wealthy individuals who only care about themselves.

• If your idea of "Living The Dream" is working in an office, getting stuck in traffic, and coming back home each night to eat, sleep, and repeat.

I want to wholeheartedly thank you for giving me your attention thus far, but this isn't for you. So stop reading this now and come back for next week's newsletter.

Because this is one of the most sensitive topics I'll ever write about.

Now if you didn't relate to any of the points before, this is for you — you know who you are — always drifting away at school, distracted, staring out the window at the pretty girls (or boys), daydreaming about the things you'd rather be doing if you weren't stuck in class, or office, or traffic, or the subway. Always having big dreams of being successful, of becoming someone of value, someone who people respect, and can help others when they need it. Always having that voice in the back of your head who's telling you "You're capable of more" or "You're meant to do great things" or have this feeling that you've been put on this earth for a purpose, but you've lost sight or forgot about it because society programmed you into thinking about other pointless and meaningless goals.

Keep reading. I wrote this for you.

Money, Debt & Government

Nobody can create money.

Not commercial banks. Not governments. Not businesses.

The only people who can are the Federal Reserve, the European Central Bank, and Central Banks in general.

They create money in the form of debt. They lend the money to commercial banks and governments (which then gets passed to us).

That's THE only way money is created. That is how money is introduced into the economy.

So if money is debt — there has to be a lender and a borrower — that means, if you add up all the money in the economy, it has to add up to zero. Because money is created in the form of debt.

Now, the crazy thing is, countries and government debt is exploding. The average working person and ordinary families are also losing their wealth, homes, and are becoming poorer and poorer each year, but at the same time, we're seeing the largest and fastest growth of wealth for billionaires — that's when you know something is wrong.

If governments are going into debt, the middle class is going into debt, who's on the other side of the loan that's benefiting from it?

The answer is simple: it's the rich.

Think about it.

The energy sector is privately owned, the mining sector is privately owned, the manufacturing sector is privately owned, and almost every single industry is privately owned by wealthy people.

So if all the production of the country is owned by a handful of people, then it's no surprise they're the only ones who are thriving.

I mean, just in the last 5 years, Elon's net worth went from $27 billion to $330 billion — that's 12x growth of wealth.

I'm not saying Elon is evil for society or anything, but I'm using him as an example to show you that the rich are getting richer at an exponential rate and the middle class is losing its wealth at an exponential rate.

If you want a concrete example of how extreme wealth inequality looks like take a look at India.

Billionaires live in skyscrapers with mansions on top, sipping on a 1893 wine while the rest of the population is fighting for scraps and are barely getting by.

Economists Are Lying To You — The 3 Fundamental Flaws Of Modern Economies

1) Compound interest doesn't work for ordinary people

Resources are limited.

There's only so much land we can keep farming.

There are only so many houses we can keep building.

There's only so much energy we can use at any point.

That's the biggest problem economists face. How can they fulfill unlimited desires with limited resources?

So the idea of "doing more, bigger, better" is fundamentally flawed. Because resources are limited.

One thing also economists and people in finance love to talk about is compounding.

Hell, even I spoke about compounding multiple times in my letters.

The reason why economists love to talk about compounding is that it sells this idea that if you just invest for long enough, everyone can get rich.

You just need to save, invest, keep investing every month, keep compounding, because the more you invest now, the stronger the effect of compounding will be, so eventually, there'll come a time where your wealth with shoot up to the moon overnight, you'll be rich, wealthy, and live happily ever after.

But if everyone knows that compounding works, why isn't everyone already wealthy?

I'm being serious…

Everyone I know invests their money (stocks, bonds, crypto, real estate, energy), yes, they're living comfortably, but they're not as comfortable as economists said they'd be.

Don't get me wrong. I'm not saying you don't need to invest or that investing is dumb.

You need to invest. It's better than to have your money sitting in the bank doing nothing (and losing its value because governments are printing more money every day).

So why doesn't compounding work?

It's because of the assumption economists made when they came up with the concept of compound interest:

You can keep growing and expanding infinitely.

Economists explain this compound concept using this example:

Imagine you and a group of small people land on an island, and there's no one else there.

So what do you do?

In the first year, you take care of yourself, set up a shelter, a place to sleep, a small place to farm, and protect yourselves from the dangers out there.

Now in the second year, because you have secured your safety and food, you now have more time to create tools, machines, and explore the island.

So you go out, expand, grow, and keep growing.

The more you want to grow, the further out you'll need to go on the island.

But after a few years, you'll reach the borders of the island.

There's nowhere to go, you can't keep going further.

So you go from building, creating, and helping to fighting with each other for the existing resources.

The one who has the most resources (i.e., wealth) wins.

Another reason is, what if other people are compounding faster than you?

The UK's economy grows by 1% annually, the U.S.A.'s economy has a 3% growth rate.

But the rich?

It's 5%.

So what do you think happens when the wealth of the ultra-rich compounds faster than everyone else?

They outbid everyone on everything. Eventually, they'll own all the wealth, and you and your kids will be left with nothing.

2) Why "wealth inequality" doesn't exist in economists' minds

Economics is hard.

Really hard.

You have complex mathematical models. Lots of variables you need to keep track of. Multiple industries, each with its own unique way of working and assumptions you need to make before you can even begin to start calculating.

So economists have to simplify.

The way they do this is by taking averages.

This is why you always see "average wage" and "average life span," etc.

It simplifies the millions of people who live in a country to a single person.

We no longer care if the country has 100 million people or 10 people. We only see the average person. Essentially, we take a country that has millions of people and assume there's only 1 person in it.

Now, the problem with averages is they don't take into account the distribution of wealth.

Let's say you have $900 and I have $100. The average person has $500.

Now do you see the problem with this?

Economists are seeing their "average person" increase in money as a good thing, but what's really happening is, yes economies are growing, but it's only the people at the top who benefit from it, it's not trickling down — if you're not at the top, you lose lose.

Your quality of life falls. Your wealth grows smaller each year. It gets harder for you to create your own wealth.

3) "More" is not the answer

"We're just not productive enough".

At this point, whenever I hear people say "you need to be more productive," my eyes just roll.

Because how can you tell me that the problem is productivity when the average person now works harder, more efficiently, produces more, and sleeps less, all just to "be more productive"?

Their "9-5" isn't a 9-5 anymore. It's more of a 7-7.

2 hours of your day are gone because of commuting. Your boss calls you after work. Sometimes you need to show up on the weekends to meet your deadlines and quarters.

The average person can't buy a house anymore without a 20-year mortgage.

While economists, politicians, and the rich are flying around in private jets, sleeping in a 10-bedroom mansion, and wearing a $100,000 watch.

But hey…

The reason why you're not wealthy is because you're not productive enough…

The reason why you're struggling to pay your bills is because you're dumb, you don't work hard enough.

It sickens me to my stomach to see how hard people are working every day only to get screwed over.

They come back from work, they're so exhausted. They don't have any energy to do anything they want. Their brains are fried.

So what do they do?

Like any normal person would, they switch their brains off, watch Netflix, doom scroll social media, and numb their minds with any cheap pleasurable activities they can find because that's the energy they have left for.

They use all of their mental energy and processing power at work that they basically become zombies afterwards — in return, they get rewarded by paying more taxes (up to 50%-60% income tax), higher utility and medical bills, and higher house prices.

So now, whenever I hear someone say the problem is "a lack of productivity and growth," I just know that this person doesn't know what they're talking about.

It has become a code word to "I don't know what I'm doing, but let's just keep putting our foot on the gas, hoping something will change and will solve all our problems".

It's a recipe for disaster.

Traditional Economies Are Becoming Obsolete

The more the economy grows. The harder it is to keep growing.

At some point, economies reach a plateau (because we can only grow exponentially for so long).

And when we reach that plateau, that's when we turn from focusing on growing, building, and creating, to fighting each other for the limited resources that we have.

If you're not one of the people who have power (money and influence), you'll lose.

Simply because the people who have more wealth than you will outbid you on everything.

They'll raise the prices to the point where you can't compete with them.

Then they'll buy all the homes, apartments, energy companies, manufacturing companies, agricultural lands, and you'll be left with nothing.

Even when governments give you more money (say you get a better-paying job or because they're generous and said they'll give you an extra $2,000 per month), it won't help you very much.

Because you're still paying for your rent, for your car, and your utility bills.

So the money that the government just gave you went to the rich, again (because they own everything that you're buying). This just makes everything worse.

The only way you can solve this problem is to create more wealth for the middle class and governments. Not give out more money.

If you give out more money, that causes inflation.

You need more wealth, not more money.

Passion, Project & Profit — How To Create Your Own Wealth

Let's get one thing straight:

Living standards in Europe and the U.S.A. are falling.

In the 1900s, the average person could earn the average wage and still raise a family, buy a house, a car, afford medical bills, give his kids a good education, and live a good and comfortable life.

Now that's not possible.

This is why I say traditional economies and living standards are falling.

So let me ask you a question, my friend, why would you keep trusting people who have been failing you for years?

My advice?

Stop putting your future in the hands of people who clearly show that they don't care about you and take things into your own hands. Go create your own wealth.

How to do it?

By joining the new economy.

It's called the permissionless economy. It's the digital economy. The creator economy.

Resources in traditional economies are limited. In the digital economy, they're infinite.

You can create a product and sell it 1,000 times over without having any cost of replication, order fulfillments, or any of that — it's the epitome of build once, sell a thousand times.

In traditional economies scarcity mindset rules. In the digital economy abundance mindset rules. You get to create new things that provide value to society (and in return get rewarded for it).

In traditional economies, you're judged on your degree, where you're born, and what school you went to. In the digital economy, you're judged on how good and valuable you are.

In traditional economies, you always need someone's permission to start, build, and create. In the digital economy, it's permissionless. You can start whenever you want, work with whoever you want, work on whatever you want.

A business is a wealth creation asset. You get to create a new pie (resource) and eat it for yourself.

With the digital economy, it's never been easier for you to start a business.

The old way of doing business is pointless now:

• Choosing a niche

• Create a customer avatar

• Choose a skill

• Choose a business model

95% of beginners do what they hear people say is the most profitable.

This leads them down a path of choosing a niche they have zero experience in. Work with people they don't care about, learn a skill that drains them, and choose a business model that puts them in a new, self-made, glorified 9-5 (only this one is worse because now they're working 8+ hours a day, 7 days a week).

But just because most people are doing it this way, it doesn't mean you have to.

I've built my writing business "working" for 6-10 hours a day, not because I have to, but because I want to.

If I wanted to, I could easily finish my client work in 2-4 hours, make $5,000-$7,000 per month, and spend the rest of my day playing video games.

But there's nothing I'd rather do other than to sit in my room, write these newsletters for you, read about things I love and care about, and help others do the same.

So let me show you how I built my writing business so you can do the same as well.

There are three different phases to this. You can't skip any of them.

It's not the fastest way to create wealth, but it's definitely the most realistic and beginner-friendly way to do it. Because I started it when I had 0 skills. So if I could do it, you can too.

1) Passion

This is probably the easiest and hardest thing you'll ever do.

You need to have a passion that you obsessively chase.

Something that you can't pull yourself away from. Something that allows you to learn and grow as a human.

Most people struggle with this because they try to do everything.

They start writing, but then they go to video editing, then a bit of graphic design, then coding. They end up doing everything but achieving nothing.

Now you might have a lot of interests, and it's hard to choose which one to pursue.

My advice, choose writing.

Writing allows you to explore what you want and still be able to talk about it. Writing helps you think better and learn faster. Writing is such a broad skill that it becomes an amplifying skill. Anything you do is amplified by your ability to write.

One more thing about pursuing your passion is that you get to have fun. You "work" and "learn" for 10 hours a day, but to you it feels like play.

You enjoy every second of it. By the end of the day, you're not drained, you're energized.

But just having a passion isn't enough. You need something to apply what you learn.

2) Project

A quote that has been stuck in my mind for the past 4 years:

So now every time I learn something, I try to create a personal project where I get to apply what I learn to it.

It doesn't have to be in public, but I apply it.

I've written a few landing pages for products that never got to see the light of day.

I've coded projects for 2 months straight just because I wanted to challenge myself and see how well I can apply everything that I've learned — it was way harder than I expected.

When you have a project to work on, you get to see the blind spots you have. Turns out, you don't know everything.

You'll find yourself looking up how to solve problems (even though you learned how to solve them in theory, but practice is a whole different story).

Projects take something aimless (passion) and give it a structure. It gives you a hierarchy of goals to follow that allows you to achieve the life you want.

A project is how you gain experience in the digital economy.

You no longer need fancy degrees or go into debt to be "qualified". You just need a portfolio of projects where you can showcase your skills.

I'm assuming you don't have clients. So the only way for you to create your portfolio is by working on your own brand.

Your brand becomes your case study.

You get to create landing pages for your newsletter and products. You get to write copy for your offer and sales pages. You get to improve your writing by posting newsletters and content on X.

You get to create offers, market, and sell.

The greatest project you can ever work on is yourself and your brand.

Follow your passion. Start a project. Talk about it in public. Attract an audience. Build interest around your passion. Turn your project into a product or service. Then comes the last step…

3) Profit

The internet has allowed normal people to monetize their passion and make a living doing what they love.

But most creators are starving artists.

Not because they're bad, but because they think making money is evil because of their preconceived beliefs they have about money.

But making money is a result of you helping others make their lives better.

Making money is a skill that you need to learn.

If you don't learn how to sell, you'll always be working for someone else. They'll do the selling for you and pay you peanuts in return.

If you want to learn how to sell, learn copywriting. It's how you sell with written words. It's applied psychology and business.

The better you are at writing, the easier it is for you to communicate the value of your product. The better you communicate the value of your product, the more money you'll make.

I also see a lot of creators who want to make money but can't…

They have self-limiting beliefs that are stopping them from selling. They think they're not good enough, or feel bad because someone paid them, or think their offer won't sell their offer.

So they hide in their comfort zone saying "I'm still learning" or "thinking about what I want to offer," but 6 months go by and they're still in the thinking phase.

They keep overthinking their problem and guessing what they need to offer, when they can simply ask their audience what they want and build and deliver exactly what they say.

Stop guessing your way to success and ask.

Find a problem your audience has. Build a product that solves the problem. Help your audience. Make money from it so you can free yourself from your job and pursue the things that bring you the most fulfillment and help more people do the same.

But here's the catch…

You need an audience.

Because your audience is your potential customers.

Ideas are potential wealth-creation products.

Writing is the link between your customers and products.

Ideas + Audience + Writing = Wealth

Speaking of writing and building an audience…

I'm thinking about creating a workshop on how to start writing online with just 1-2 hours of writing a day on April 11th. It's the method I use to gain 2,000,000 impressions every month (this is if it was a bad month).

If the idea sounds interesting to you and want to join, reply with "I'm in." and you'll be the first person to know and given priority because seats will be limited to 30 people only.

That's all for today, thank you for reading and enjoy the rest of your day.

— Hussain

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PS:

This has been one of my longest letters, but it's been something that I've wanted to write about.

So if you enjoyed it, let me know.

(and don't forget to let me know about the workshop :) )