Wealth

Published: Jan. 12, 2021, 9:20 p.m.

“Money -- It's a crime. Share it fairly but don't take a slice of my pie.
Money -- it's a hit. Don't give me that-do-goody good bullshit.”
Pink Floyd

"Society is demanding that companies, both public and private, serve a social purpose. To prosper over time, every company must not only deliver financial performance, but also show how it makes a positive contribution to society."
Larry Fink, CEO BlackRock (the world's largest asset manager)

In episode #4 of Dignities & Disasters Robert discusses Wealth--joined by Greg Berry from Conscious Capital Wealth Management.  While money and investments can incentivize greed, it can also be used as a tool for the betterment of society, the environment, and all of us here on Earth.  In a system full of imbalances--how do we develop a relationship with wealth that avoids wanting to burn it all down? We investigate the good, the bad, and the ugly of wealth.

Points discussed:

- Holistic Wealth -- 5 Forms of Capital: Financial - money and investments ; Material - business, home, real estate ; Social - family and community ; Human - health, career, legacy ; Purpose - why you are here
- Whole wealth advisory & Pragmatic radicalism
- Wealth divide
- Hoarding impulse and incentives
- Interest acts as an accelerator in both directions (wealth and debt)
- Typically takes 7 years to escape debt
- Pervasiveness of one type of capital
- Growth that's impacting our environment: (Charles Eisenstein ; The Population Bomb -- Paul Ehrlich)
- Charity -- you can do good things with money
- Responsible debt / loans
- Re-valuing the ecosystems
- Impact Investing. From: Socially responsible investing (SRI) → Environmental, Social, and Governance (ESG) → Systems Change Investing (SCI)
- Modern Monetary Theory (MMT) & the “Great Reset” conversations at Davos

Resources:

- The Creature from Jekyll Island: A Second Look at the Federal Reserve -- G. Edward Griffin


Greg Berry is a Whole Wealth Advisor at Conscious Capital Wealth Management. For over 25 years, Greg has been an advisor to entrepreneurs, investors, philanthropists and executives, both in the famous entrepreneurial ecosystem of Boulder, Colorado, and across several continents. He guides people at different points of wealth creation to evolve their relationship with wealth and money, towards more holistic and responsible approach, which is now commonly called 'impact investing.' For over 10 years, he has been an activist and catalyst for the impact investing community in Colorado.