Cool Personal Time Check

Posted by Blog1 | 12:53 AM | 0 comments »

By Karen Chop

Cool checks into the economic situation is the barometer of inflationary vs. deflationary. People are often confused about the times they are living in and make poor economic choices.

Deflationary times means it costs less to buy goods and services. The purchasing power of the United States Dollar increases and is able to buy more.

With deflation, almost everything goes down. Safety and protection is important and if you have all you money in antiques, real estate or hard assets or commodities the value of these goods decreases.

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 cost of the dollar shrinks.

When the value of the United States Dollar goes up in the United States inevitably it goes up against other currencies. When the dollar buys more, its guage of value is rising and acts like a magnet.

Review the accounting of your personal purchases. Are you getting more for you money? Is gas costing less, can you buy more home than you used to, are you getting better deals in the stores? Dollar credit is drying up and the value of the dollar is going up across the world.

When goods and services cost less, you're living in a deflationary environment. The U.S. dollar buys more and the accounting of the U.S. dollar abroad increases also.

The coolest, cool personal checks for the safest place to have you money in deflationary times in Treasury bills. The least ugly investment worldwide is U.S. currency.

About the Author:

0 comments