Cool Personal Time Check
Cool Checks to make sense of the times you are living in. If you live in a deflationary time or inflationary time the consequences are as dire as if you live in inflationary times. Often people are confused as to what economic times they are living in.
Deflationary times means it costs less to buy goods and services. The purchasing power of the dollar increases and is able to buy more.
Opposite of inflation is deflation and with deflation, most assets decline in value. You see the accounting of your home decline in value as well as gasoline. Corporate equities, mutual fund shares, insurances and pension reserves and equity in non corporate business decline.
There is only one exception; the United States Dollar goes up by definition. The opposite is true. When the cost of goods and services goes up the worth of the dollar shrinks.
When the value of the U.S. dollar goes up in the United States inevitably it goes up against other currencies. When the dollar buys more, its worth is rising and acts like a magnet.
Check the state of value of the dollar in your personal purchases. Is the dollar's value is going up? It's buying more gas than it used to, buys more real estate than it used to, and gets better deals shopping for cars than before. Everything costs less.
If most things seem to cost less that means you are living in deflationary times. If the price of goods and services are going up, you live in inflationary times.
The European economy is collapsing and the least worst currency worldwide is the buck . Your cool personal checks: for a safe place to keep your money is in U.S Treasury Bills.
Deflationary times means it costs less to buy goods and services. The purchasing power of the dollar increases and is able to buy more.
Opposite of inflation is deflation and with deflation, most assets decline in value. You see the accounting of your home decline in value as well as gasoline. Corporate equities, mutual fund shares, insurances and pension reserves and equity in non corporate business decline.
There is only one exception; the United States Dollar goes up by definition. The opposite is true. When the cost of goods and services goes up the worth of the dollar shrinks.
When the value of the U.S. dollar goes up in the United States inevitably it goes up against other currencies. When the dollar buys more, its worth is rising and acts like a magnet.
Check the state of value of the dollar in your personal purchases. Is the dollar's value is going up? It's buying more gas than it used to, buys more real estate than it used to, and gets better deals shopping for cars than before. Everything costs less.
If most things seem to cost less that means you are living in deflationary times. If the price of goods and services are going up, you live in inflationary times.
The European economy is collapsing and the least worst currency worldwide is the buck . Your cool personal checks: for a safe place to keep your money is in U.S Treasury Bills.
About the Author:
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posted by Credit Counseling at
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