When the currency supply – the amount of currency in circulation – expands, the result is higher prices in the marketplace. As more dollars are “printed” and enter into circulation, the costs of milk, bread, and gasoline rise. (It is extremely important to grasp this relationship!)
Most people have the feeling that things aren’t quite “right” with the economy. In fact, they may not be able to lay a finger on it, but a strong sense of uneasiness still resides.
We’ve said it many times and in many ways, but it’s definitely worth repeating again: The rules of money have changed! Putting it straightforwardly, the economic backdrop that we are facing today is vastly different from that faced by our grandparents.
I can only imagine people’s reactions to the idea of needing insurance for money. When we normally think of insurance, things like fire coverage or flood protection for a home come to mind. But the key thing about both types of insurance is safety against loss.
THE TRUTH ABOUT THE JOB MARKET: THERE ARE MORE JOBS REQUIRING LESS THAN A HIGH SCHOOL DIPLOMA THAN THOSE NEEDING A BACHELOR’S DEGREE
The prevailing notion is that upward mobility (as an employee) is still achievable in this day and age through a strong work ethic. In fact, the importance of working hard at a job to earn an honest living is at the core of our beliefs.