Checking The Times - Cool Personal Checks

By Britney Spea

Consumers are often confused about the economic conditions they are living in. Everything has a cool check about label, and the extremes are that either we are living in inflationary times or a period of deflation.

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

Opposite of inflation is deflation and with deflation, most assets decline in value. You see the measure of value of your home decline in value as well as gasoline. Corporate equities, mutual fund shares, insurances and pension reserves and equity in non corporate business decline.

There is only one exception; the 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 buck goes up in the United States inevitably it goes up against other currencies. When the dollar buys more, its 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.

If most things seem to be cheaper that means you are living in deflationary times. If the price of goods and services are going up, you live in inflationary times.

The European economy is collapsing and the least worst currency worldwide is the dollar . Your cool personal checks: for a safe place to keep your money is in U.S Treasury Bills. - 18193

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