Some people see this graph and think this is because of presidents. Then, depending on their political party, they will blame the “other” party.
This is not because of presidents. This is not even a partisan issue. This is because of decisions made by the Federal Reserve (regardless of administrations), by large banks here in the U.S., by corrupt elites all over the world that don’t care how economic policies impact everyone else, and due to having the U.S. dollar as THE currency by which the rest of the planet had to work around.
Here at home, the Federal Reserve doesn’t know what they are doing. By Ben Bernanke’s own admission (he served as Chair of the Federal Reserve), they won’t know if their decisions will work until economists look back on history and see IF it worked. (Hint: we already see BIG clues it hasn’t and it won’t.) For decades, the “Reserve” has placed band-aids over our economy and delivered press releases with words to make us feel “confident”, hoping that would change our spending and saving habits while they saw behind the scenes that things are on treacherous trajectories.
PART of the problem is that they are basing many of their decisions on treating hiccups as isolated events instead of as “foreshocks”. Part of the problem is they use outdated economic principles that treat you and I as mere cogs in a mathematical equation. “If we do X, then people will respond with Y, and that solves the problem.” The hope is to manipulate what we do with our money.
PART of the problem is that we have relied on “experts” to tell us the truth simply because money seems “so complicated”. We have so much on our plates, we can’t decipher economy lingo and investment formulas. So, we just tune in to headlines and get the gist of their announcements.
Guess what? Money is not complicated. But those who want to manipulate you into delegating your money to them will MAKE IT SOUND COMPLICATED with words and numbers we cannot easily understand.
The chart below is showing you that we have been riding on the Titanic while headlines have distracted us with:”We are fine! The market is up!””The dollar is strong!””Stimulus checks will stimulate the economy!”
The “experts” don’t know what they’re doing. (Are you noticing this in other places of your life?)
WHAT CAN LITTLE OL’ US DO?
What would you do if you were on The Titanic and saw the iceberg before the captain? What if no one believed you?
You would locate an emergency boat, put on a life jacket, and prepare for the crash.
Soon, the Federal Reserve will advise our government to print (more) dollar bills worth nothing and control our banks to manipulate the narrow strait between deflation and hyperinflation.
YOUR JOB is to get *clear* on what the money moving through your HOUSEHOLD is doing right now.
* Put in the effort to account for how you spend your money. * Reduce non-essential expenses.
* If you have the ability to do so, shift investments from “paper” investments to hard assets.
* Put on the life vest of savings, some in the bank and some in a safe place at home.
* Purchase a little nonperishable extra food with each grocery trip.
* Sell off the excess or the no longer used items at home. If you don’t love it or use it, it’s not going to be worth much to you.
* Reduce the rates on your debts and lower your monthly payments. Free up resources.
* Quiet your mind and tune into God or intuition. Learn to hear the peaceful guiding thoughts inside you instead of the blaring news.
The United States (and other developed nations for that matter) is in an economic place it has NEVER been in before. The ship will not turn around in time. No president has the power to stop it. This problem is a gluttoned systems problem.
WE WILL LIVE THROUGH IT.
We will survive. However, it will change us and the generation following us. Depending on how we each prepare mentally, spiritually, physically, and fiscally, we will each come out with different scars.
If you know me in person, you know I am mostly optimistic and all problem-solvy, so it does pain me at times when I share hard things. I decided the other day it was stupid for me to keep it to myself because of not wanting to dampen your newsfeed. I am willing to take further hits on my “cool points” for those who my posts help.
WHEW! That was longer than I planned on. Welp, go prepare for this leg of the journey.