Tag: inflation
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The three ways the government will continue to stick it to the middle class.
I am going to attempt to be as non-partisan as I can on this particular subject. Because I do think it is a problem on both sides of the aisle. At the same time, I do believe one side has more honest brokers on how to deal with the issues. And I won’t be wishy…
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This is a huge advantage that you don’t even know you have.
This morning I read one of the headlines on a popular financial account that I follow on twitter. It said this: Around 1.4 million Britons could lose a fifth of their disposable income if mortgage rates stay at current levels according to the Institute for Fiscal Studies. The reason this jumped out at me is…
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How much money do I need today versus 2021?
As everyone knows we are in a battle with inflation and it is eating your purchasing power away every single day. Although the Fed says that inflation has come down to its lowest rate in the last two years. We all know that this number is not representative of what is real in the economy.…
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This is why inflation is going to persist and will continue to erode your purchasing power.
As of me writing this post this morning we are awaiting the Consumer Price Index (CPI) for May 2023 to be released. What is CPI? It is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S.…
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How to to turn $30 thousand dollars in to $500 thousand.
A lot of us didn’t learn this math in school because it isn’t taught this way. Instead you attend school from age 5-18 taking a bunch of classes and courses that they tell you are important and you learn later in life that they really weren’t that important. What I have done here is outlined…
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5 Key Reasons Why Price Stability Matters: The Importance of Low Inflation for a Strong Economy”
Price stability and low inflation are crucial for a healthy and stable economy. Overall, high inflation can have detrimental effects on the economy, including reduced purchasing power, increased uncertainty, income redistribution issues, disrupted investment and savings patterns, challenges in international competitiveness, and policy difficulties for central banks. It is important for policymakers to address inflationary…
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The fast rising Interest Rates explained.
Unless you are living under a rock, then you know that the current overall economy isn’t doing that well. No matter the spin coming from the White House and its aligned corporate media telling you other wise, here is the truth. Three things are impacting the economy. Well, four if you count the overall incompetence…
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Why inflation isn’t going anywhere.
We all know that we are dealing with high inflation. And if you have half a brain cell you also realize that that the governments fake number they produce and I say produce intentionally, because it isn’t rooted in any kind of facts and data to support the number. So what is inflation. In layman’s…
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More bad news for your hard earned money!
I don’t want you to think I am an expert on this subject. However, I do follow it enough that I understand what is going on and what the consequences are if the US Dollar is no longer the worlds reserve currency. Earlier this week Russia and it looks like Saudi Arabia will soon follow.…
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Deep Dive into what is killing your purchasing power.
I am not an economist, but I can do basic math and my guess is you can too. The reality we all face right now is inflation is eating more of your money on a daily basis. That is why it is more important than ever before to invest money in assets that benefit from…