The Power Of Money Essay

Since I was little, my mother would always emphasize the quote “If you don’t have the money, you don’t have the power”. What she said didn’t make me think twice about it because I thought little about the world back then but as I grew up, I slowly realized the relevance of the statement and started to wonder exactly how powerful is money to people these days? Does the ‘Almighty Dollar’ really have such a big impact to the extent that it is able to determine your hierarchy in society? Hence, I am inspired to learn about the power of money and to what extent will it affect people’s lives.

I believe with my current subject combination, I am already on the right path. Mathematics has taught me more about problem solving skills and the capability to think in subjective ways. Economics has been an eye-opener, giving bits of insight into the real world and has no doubt sparked my interest in pursuing an economics degree. I used to think economics was about money, however, during my A-Levels, I learnt that money is indeed a part of economics but that’s just the tip of the iceberg. Economics is way

Seeing the rich getting richer each day while the poor only gets poorer, businesses fail and countries collapsing to its knees, poverty all around the globe, families depleting their savings, losing homes and losing hope, I sought a theory that explains what’s happening to mankind. I seek answers and solutions. I gave Paul Krugman’s ‘End This Depression Now!’ a good read and the quote ““As long as the roots are not severed, all is well and all will be well in the garden, there will be growth in the spring.” Unfortunately, all was not well in the garden, and the promised growth never came.” stood out to me. It inspires me to want to make a change. Therefore, I believe, with the knowledge I will soon acquire from a degree in Economics, I am able to make contributions to help the economy achieve a ‘true’