Steps to Determine the Effect of Inflation on Your Salary and Control Your Expenses

Inflation is an increase of the average level of prices over time, usually measured annually. Currently, the rate of inflation for 2008-2009 was 3.5% and for 2009-2010 the rate was 3.2%. Although inflation happens slowly, its rate can increase at any time and tends to be disastrous for the economy. Recently, some economists argue that the real rate of inflation is now at 10%. In general, when the rate of inflation grows, higher salary increases is the end result. At the same time, the cost of living increases as well.

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Steps to Determine the Currencies Exchange Rate and Its Calculation

If you are into international travel or foreign business, you should be familiar with the currencies exchange rate. How to determine the currencies exchange rate? For this you should know the value of the dollars and currency of the country you will be visiting. You can follow the simple steps listed below:

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Patrick Henry – Hard-Earned Steps To Freedom We are Giving Up

Give Me Liberty Or Give Me Death

Patrick Henry, March 23, 1775.

No man thinks more highly than I do of the patriotism, as well as abilities, of the very worthy gentlemen who have just addressed the House. But different men often see the same subject in different lights; and, therefore, I hope it will not be thought disrespectful to those gentlemen if, entertaining as I do opinions of a character very opposite to theirs, I shall speak forth my sentiments freely and without reserve.

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The Real Price You Are Paying For The Manipulated Recovery – Part 2

We left off in part 1 of this article with my outlining what the government has done so far with your money in this manipulated recovery.

What is the result of all of this? A manipulated artificial recovery at an enormous price:

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The Real Price You Are Paying For The Manipulated Recovery – Part 1

Think of your own finances or those of a small business you may open. If you lose money personally, it means you have less money in your pocket. If you lose money in your business, you have less money to run your business.

In your smaller, less significant world, you have to find a way to make up for having less money.

Personally, you either make more money from your job or from some investment after tax to make up for your loss. Or, you borrow the money from someone or some company, most often to pay it back – unless it’s a long lost generous uncle. Or, you inherit the money.

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Steps To Create Wealth and Avoid Massive Economic Pain

Massive Economic Pain = Structural Change in the world economy

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Steps to Save America from Becoming an Instant Gratification Economy

The biggest problem facing America today is political and financial instant gratification and manipulation.
Politicians and financial institutions continue to lower standards and appeal to human greed and lust.
The end result is a vastly weakened American political and economic foundation.
The Good News for America:
Historically, when Americans understand the true war at hand they always [...]

Tags: Bear Stearns, China, Citibank, Goldman Sachs, Lehman Brothers
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Divorce Your Home and Significant Other – American Style

According to the Wall Street Journal, more and more people are walking away from their homes and renting even better ones down the block for less.

The stigma of divorce used to be a large stigma. But, with women’s lib, mobility, the media and even abortion, divorce has become acceptable.

Now, we are facing the threat of another stigma – nonpayment of debts – becoming less and less a deterrent.

Tags: wall street journal
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The Folly of the So-Called Real Estate Recovery

There will be no true recovery of the housing market until:

Step 1. People realize a home is not an asset. An asset generates income whether you work or not. A home does not create current income.
Step 2. Home prices adjust to an equivalent historical rent level. The house price to rent ratios are still adjusting.

Tags: 4 steps, housing, market, Real Estate
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Steps to Keep Kicking the Can Down the Road

Avoid the full pain today for more pain down the road:

1. Keep borrowing from China.
2. Print money.
3. Bail out unsuccessful companies for votes.

Tags: kicking the can down the road, medicaid, medicare, social security
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