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I am confident that there are those who will not agree that “95% of people on Earth are facing significant challenges and hardship due to poverty because of the pyramidal structure of the capitalist financial system, which operates on a “divide and conquer” principle”, nor agree with the author and me. Still, it’s a quick read that you owe to yourself to read. If for no other reason than to be aware of the situation, this book is a great resource.
Yusef Rashid DeLaine, the author, comes from Los Angeles-Hollywood, CA. In 1997, he earned a Bachelor of Arts degree in Philosophy/Legal Studies from Trinity College in Hartford, Connecticut. He also pursued studies in Philosophy at Oxford University during the Trinity Term of 1996. With a background growing up in New England, Connecticut, Yusef, now 47 years old, draws inspiration for his works from keen observations of the financial systems around the world. These observations have led him to question the significant disparity between the wealthy and the impoverished.
Through his book titled “A New Economic System: Guide To Debt Elimination And Wealth Creation,” Yusef Rashid DeLaine endeavors to offer practical and tangible solutions to address the growing gap between the wealthy and the impoverished, which often comes at the expense of the middle class. His aim is to provide actionable strategies that can eliminate debt and foster wealth creation, ultimately aiming to create a more effective economic system.
Overall, it is a relatively short book to be read slowly and thoroughly, taking time to absorb the information in each chapter, and thinking about how these new insights can be applied to improve our lives as a whole.
Don’t miss out on the opportunity to purchase this enlightening book today!
We have an exclusive interview with Yusef Rashid DeLaine that you won’t want to miss. Stay tuned for an in-depth conversation with the author about his groundbreaking ideas and the inspiration behind his work
1. What motivated you to write a book about a new economic system focused on debt elimination and wealth creation?
I was motivated to write about a new economic system that focused on debt elimination and wealth creation, to address the underlying mechanisms and uderpinings of the wealth gap, chasm, and disparity between the rich and poor throughout the world that has resulted in a surplus for the rich, and poverty and bondage for the poor, that is predicated on the axiom of divide & conquer under the rubric of Power, Prestige, Privilege, Dominance, and Control.
2. Could you briefly explain the main concepts or principles outlined in your book that can help bridge the wealth gap?
The main concepts and principles outlined in my economic book entitled: A New Economic System: Guide To Debt Elimination And Wealth Creation, that can help bridge the wealth gap, are a communal New Financial System of Exponential Compound Interest, Collective-Buying Power, Cooperative Economics, and Pooling of resources and wealth through the solidarity, prior unity in the mind of Almighty God, Truth, and organization of the human species for the objective of debt elimination and wealth creation irrespective of demographic or currency of a Gold, silver, and/or commodities back reserve to create an Utopia and Paradise & Heaven, here and now, on Earth.
3. How do you address the concerns of critics who may argue about the Exponential Compound Interest?
I address the concerns of critics who may argue about Exponential Compound Interest by exposing their motive to perpetuate the status quo of financial bondage and disunity through the debt-based ancient Babylonian economic system of Capitalism of the Invisible & secret government based upon divide & conquer of the world through competition and gain to maintain Power, Prestige, Privilege, Dominance, and Control.
4. In your research, what are some of the key factors contributing to the widening division between the rich and the poor in today’s economic system?
In my research, some of the key factors contributing to the widening division between the rich and the poor historically and in today’s economic systems, are a lack of a living wage to keep up with inflation and the cost of living, debt accumulation where the “borrower is the slave to the lender”, disunity, and disorganization, premised on competition and gain, under the organizing principle of divide & conquer, for Power, Prestige, Privilege, Dominance, and Control of an elite few.
5. How does your proposed economic system differ from existing systems such as Capitalism and Socialism, and what advantages do you believe it offers in terms of promoting a fairer distribution of wealth?
My proposed New economic system of debt elimination and wealth creation, offers advantages in terms of promoting a fairer distribution of wealth, where the masses of human-beings globally and worldwide, irrespective of demographic and currency which is backed by a Gold, Silver, and/or Commodities reserve currency can leverage each other in unity, mutual trust, and solidarity through a coalition, and through a Communal New Economic System predicated on the axiom and organizing principles of Exponential Compound Interest, Collective-Buying Power, Cooperative Economics, and Pooling of money backed by Gold, Silver, and/or Commodities reserve currency and resources, where debt is eliminated and wealth is created for the human species irrespective of race, class, political affiliation, religion, culture, nationality, demographics, astrological signs, gender, and create a Paradise and Heaven, on Earth, now and forever.
6. Have you encountered any success stories or case studies that demonstrate the effectiveness of strategies outlined in your book?
Affirmative, I have encountered success stories and case studies that demonstrate the effectiveness of the Communal New Economic Financial System of Exponential Compound Interest, Collective-Buying Power, Cooperative Economics, and Pooling of resources and money backed by Gold, Silver, and/or Commodities reserve currency in terms of large scale Joint Jewish and African-American Investment groups that acquire Commercial Real-estate and Rental properties, Crowdfunding, Leverage buyouts, Hedge Funds, and the principles can also be noticed in the taxes, social security, and tithes being collected by the governments and churches throughout the world.
7. In your opinion, what role do financial education and literacy play in empowering individuals to overcome debt and build wealth?
In my opinion, the role that financial education and literacy play in empowering individuals to overcome debt and build wealth is paramount, crucial, and imperative to Financial Freedom and short and long-term wealth, and individuals should play the Financial Game of the World both collectively and individually, by embracing the principles, techniques, and strategies of both the current economic systems of Capitalism and Socialism, as well as the Communal New Economic System of Exponential Compound Interest, Collective-Buying Power, Cooperative Economics, and the Pooling of resources and money backed by Gold, Silver, and/or Commodities reserve currency, through burning the candle at both ends.
8. How can policymakers and governments contribute to implementing the principles you advocate in your book to create a more inclusive and equitable economic system?
Policymakers and governments can contribute to the implementation of the principles of a Communal New Economic System of Exponential Compound Interest, Collective-Buying Power, Cooperative Economics, and the Pooling of resources and money backed by Gold, Silver, and/or Commodities reserve currency, to create a more inclusive and equitable economic system, by creating and instituting a centralized Fund or worldwide Fund where a designated percentage or denomination of weekly or Bi-weekly pay or money that is contributed to the Fund or Pool can acquire Investments, Real-estate, and business, etc. that will benefit the Fund Pool members and not just the governments and churches as seen in the collection of taxes, social security, and tithes, this allowing the citizens the rights to play the Financial Game of this World both collectively and individually, in terms of both the old & New Financial System, simultaneously, because if wealth and debt are two different sides of the same coin, we should employ both the old and new economic systems for debt elimination and Financial Freedom.
9. Looking ahead, what are your hopes or aspirations for the impact of your book and the ideas it presents on society’s economic landscape?
Looking ahead, my hopes and aspirations for the impact and ideas of my Economic book entitled: A New Economic System: Guide To Debt Elimination And Wealth Creation, on society’s economic landscape, is that it will permit citizens everywhere and governments around the world, to have the tools, strategies, mechanisms, and techniques to eliminate global and personal debt and create a New World, Paradigm, and structure of wealth and prosperity, through the application of both the principles of the old economic system of Capitalism and Socialism and the Communal New Economic System of Exponential Compound Interest, Collective-Buying Power, Cooperative Economics, and the Pooling of resources and money backed by Gold, Silver, and/or Commodities reserve currency, for debt elimination and wealth creation, and to experience an Eternal Paradise and Heaven, here and now, on Earth.
10. What advice or message would you like to convey to readers who are eager to take control of their financial well-being and contribute to building a more balanced economic system?
The advice and message that I would like to convey to the readers who are eager to take control of their financial well-being and contribute to building a more balanced financial and economic system, is to gain proficient financial education and literacy of the Financial Game of this World by playing both collectively and individually through Socialism and/or the ancient Babylonian debt based economic system of Capitalism predicated on the rubric of divide & conquer for the sole objective of Power, Prestige, Privilege, Dominance, and Control, and collectively through leveraging each other through the Communal New Economic System of Exponential Compound Interest, Collective-Buying Power, Cooperative Economics, and the Pooling of resources and money backed by Gold, Silver, and/or Commodities in Solidarity, Unity, and a Coalition of mutual trust, and to burn the candle at both ends to address the imbalance of wealth and debt, which are two different sides of the same coin.
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