If you are not using the Revenue Sourcing planning process in your personal financial situation, it may be time to take a closer look.
A lot is going on around the world that has the potential to change investing markets and global financial dynamics quickly and substantially.
After the Federal Reserve was founded in 1913, it took the private bankers just one year to begin to issue Federal Reserve notes.
Webster defines illusion as something that deceives by producing a false or misleading impression of reality. That perfectly describes the current economic environment and investing climate.
The recent prosperity we’ve seen in the economy is the result of deficit spending which means it hasn’t been prosperity at all – it’s been a prosperity illusion.
In the not-too-distant future, the Fed will be the ultimate buyer of most US Government debt resulting in a severe stagflationary environment.
The deal to increase the debt ceiling will force the Federal Reserve to fund the majority of future deficit spending, culminating at some point with an ugly economic reset.
With the debt ceiling drama debate now complete, ending as expected with an agreement to continue to operate with monster deficits for the foreseeable future, it’s a good time to discuss how far down the road the collective group of Washington politicians will be able to kick the public debt accumulation can.
The Fed’s two policy options moving ahead will produce a difficult economic and investing outcome for retirees and aspiring retirees.
Rapidly increasing levels of credit card debt had me concluding that Americans were increasingly dealing with rapidly rising consumer prices by resorting to accumulating debt on their credit cards.