Why People Will Always Be Poor | What Causes Poverty in America

Poverty does not exist because of politicians, racism, capitalism, low minimum wage or anything else most people attribute poverty to. Money can't cure poverty.. In fact it is the reason poverty exist! Poverty is systemic and inseparable from the current system we have. Let's talk about how money is created and how it moves through our economy. An understanding of how money works will show you that mathematically it is IMPOSSIBLE to eliminate poverty. In our debt based society, in order to keep things running we LITERALLY NEED TO STAY IN DEBT. But debt is the same thing that leaves people homeless, broken and with ruined credit because of what I explain in this video. It is impossible for everyone to pay their bills on time. It is impossible for everyone to be current on their bills. Weird, but true. #poverty #personalfinance #debt Instagram: @thecashcompass Business e-mail: thecashcompass@gmail.com For donations: PO Box 814954 Hollywood, FL 33081 Cashapp: $KrystalTodd Venmo: @KrystalTodd My Youtube Set up: www.amazon.com/shop/thecashcompass *Please be sure to do your own due diligence before making ANY financial decisions. On my channel I share with you my research but please verify everything for yourself! I do not give investment advice, just share my thoughts any my choices!* *Some of the links on this page are affiliate links, meaning, I may earn a commission if you click through and make a purchase, at absolutely no cost to you. Affiliate commissions help keep my channel going so thanks for your support!*