If You Have Any Money, It’s About to Lose (A Lot) of Value
The Federal Reserve is expecting to set inflation at 4%, up from 2%. Inflation can be higher depending on how you calculate it.
The money you have in your bank account or wallet right now is about to lose a lot of value. This is not something to be fearful of. It’s a concept to understand and learn about, so you can avoid the problem.
It has taken me 10 years of studying money, a career in finance, and many startup failures to understand how money really works, so I can stress less. Only recently did what I’m about to explain to you make sense in a practical way I could implement in the management of my personal finances.
You can learn how to get more done in three hours than most achieve in a week and it won’t matter. Time equals money, yes — but there’s more to it.
You can become a passive income badass too and it won’t matter unless you get what I’m about to explain in the simplest terms you’ve ever heard it.
Every year the inflation target is around 2%. The Federal Reserve in America is looking to change that to 4%, according to CNBC. Other central banks around the world are looking to make similar changes.
