Econs

I'm reading this book . 

This is a book that inspires people to get an idea how to invest and what to invest. And what we have to bear in mind while doing investments.

But seriously, it's kind of hard for me to accept and try to understand some of the principles Robert Kiyosaki wrote in his book. 

According to the book, it says we have to admit that money can alter everything in our life.

We have to think that money is very very important to us.

We don't wanna work for money.

We wan't money to work for us.

How can money work for us?

Based on his theory, basically, he's saying that in order for money to work for us, we need to have capital. By doing good investments, money will grow from a small amount to big amount. That's how money actually ''work'' for us.

I'd just finished reading page 42 though.

I'll share more about it after I finished reading the whole book.

I'm kind of interested to economic and finance nowadays.

Maybe because I'm still keeping some Euros, so I'll check currency converter everyday. Almost every news about the European Sovereign Debt Crisis.

I tried to understand about the cause of economic crisis.

There're a lot of terms.

Wealth disparity, unemployment, property bubble, inflation, currency devaluation, mortgage crisis, floating exchange rate, fixed exchange rate,

how each and every terms affect a country's economy.

In Malaysia, we're counting on half-fixed exchange rate.

When our currency devalue, inflation happens first, government banks will sell Ringgit to other countries such as the IMF( International Monetary Fund).

After they sold some Ringgit, the needs of Ringgit in market will rise.

Then, Ringgit will back to it's normal value again.

(I don't know if I'm right here, it's what I got after I read some articles online)

(Correct me if I'm wrong)