Because Vince Biegel Limited Jersey , the currency you receive as pay, is losing it’s value in a dramatic way. (That’s C-U-R-R-E-N-C-Y, not money. Currency is just a promise printed on a piece of paper, that’s as good as the issuer is..)

Notice how prices keep rising quicker than your pay?
Yep, it’s been going on for a while, but it’s about to hit a whole new level.

How come, you ask?

The printing presses have been running 247 for a while. Freshly printed greenbacks are circulated all over. At the same time, economy hasn’t improved much, and there is no new value created to give “meaning” to this “new money”. This causes an unbalance. The “new money” is driving the value of the dollar down, and is causing inflation.

In this way, printing unlimited amounts of money can cause problems, so a limit was imposed.

Now, these are no more. It was on the TV news in August; if you watch the “electronic income reducer” (=TV) you’ll know.

Now it’s all good though. The problem of having too much compromised fiat currency in circulation has been resolved by adding some more to it. Any child will know that you can’t fix a problem by adding to it. If you take one candy from the jar every day, the jar will eventually be empty and the parents will notice. Similarly, we’ll realize that the dollar is no longer reliable and turn to other means of trade. Loss of trust causes even higher prices, and inflation spirals out of control. The worst kind of inflation, hyper-inflation results. It has happened before, though not in America.

Hyper-inflation destabilized the Germany in the early 1930s. Hitler rode this instability to power. The Guiness record for hyper-inflation goes to my native Hungary. After the war, in 1946, under Soviet occupation the plan was to eliminate the middle class and set the stage for full-on communist takeover. Hyper-inflation was the tool. With paper money becoming worthless all cash and bank account savings lost their value. I do have some of these Hungarian banknotes; the larger denominations had so many zeros they wouldn’t fit on the bill and had to be abbreviated. My grandparents said they kept them because they were coarse for toilet paper. They were worthless, nobody was accepting them. There was no trust in the government issuing them. By the time these bills came out, the economy ran on precious metals, and barter trade.

What’s coming in the US, then? Whatever it is, it’s not going to be pretty. One big difference this time will be that it will resonate throughout the globe. The economy of the world is inter-dependent, and the dollar is reserve currency all over the world. What happens when it all goes to zero?

The way out is to stock up on dollars while they’re still worth something, and convert them to lasting assets. Or, if you like, hedge your currency against the loss of its value by investing elsewhere. Cash and bank account savings will be zeroed; stay away from these.

What Should I Do?
Did you know JOB stands for Just Over Broke? You may have to embrace change in order to come out a winner. Even if you can’t fire your boss straight away, it is imperative to start your own business. One that is quick to set-up, start, and earn from. Traditional business may have worked in the past, but you don’t have years to wait to profit now. Leverage is a must. Network marketing and direct sales could be the ticket. Chasing friends and relatives is not fun, however.

My choice is the GPT – Get Paid Today model.
For your entertainment and further empowerment, check out the related fable on my blog. It’s called Why Fire Your Boss, and deals with Bubu the bear, whom you wouldn’t want as your boss. :) To go directly to the system I use, click here: Fire Your Boss with the GPT model.

Home > Parenting > Good ParentingBankruptcy And Home Loan Refinance Options

Posted by nick_niesen in Home on October 29th, 2010

After a bankruptcy, home loan refinance options can be tricky. Your lender may or may not work with you in your quest for a better financial security. You will need to investigate your options for a suitable program. It may serve your best interest not to use the particular program that your lender provides.

A bankruptcy home loan refinance program can be a wonderful option if the lender is willing to work with you. It can be a nightmare if the program has hidden surprises along the way. In some cases, it would be best not to pursue a loan at all. In some instances, you may feel as if your lender is trying to push you into a program that you do not want. This should send up some red flags to you and you may want to find another lender who specializes in refinancing options. It may be that your lender just does not want to work with you anymore. It is better to find a new one than try to salvage a relationship that will make you miserable for years to come.

If your lender is making the option of a bankruptcy home loan refinance painful, you will want to search for another lender. There are always other options for refinancing. There are many finance companies just waiting to serve you and they will offer you a package that is more attractive. They will come with both good and bad. Your interest rate will be higher in a package from a finance company.

It is always important to do a little research when looking for a bankruptcy home loan refinance program that will work for you. The differences in programs can be like night and day. Some programs may seem like a good idea in the short term. These will often lower your payments and that may be the option you choose. However, some refinancing can make it seem as if you are starting over and your loan will take another thirty to forty years to pay off. This is not a good option to h. Cheap Authentic Jerseys   Cheap Jerseys   Cheap Jerseys Free Shipping   Cheap Authentic NHL Jerseys   Cheap New NFL Jerseys   Cheap College Football Jerseys   Cheap New NBA Jerseys   Cheap Throwback MLB Jerseys   Cheap Authentic Soccer Jerseys   Cheap Hockey Jerseys