We've all been to the movies to see an Action Film, the Hero is some supposedly highly trained merchant of death out to save the world, the villian is of course clearly delineated, suspicious laugh, psychotic small army of men willing to spend their lives etc.
That of course is Reel Life, in Real Life, they are much more difficult to spot but occasionally they do mark themselves, to whit:
Federal Reserve Open Market Committee:
"...The Committee will continue to monitor the economic outlook and financial developments and is prepared to provide additional accommodation if needed to support the economic recovery and to return inflation, over time, to levels consistent with its mandate..."
In their view, the way to fix things is to make the money you have in your pocket, bank account, piggy bank, what have you, worth much less in order to stimulate the Economy.
Basically they are planning to rob the value of your money through the silent tax of inflating the currency, now would be a great time to use a Modern Version of the Alpha Strategy to purchase items that are needed, but will be more expensive in the future as the Robber is not using a firearm, but a digital creation of US Dollars to make everyone in the United States all the more poor.
This is in addition to the news that now 1 in 7 Americans are in poverty, the highest level ever recorded, there are an additional millions barely above the poverty line via Unemployment Insurance Payments that should have expired some time ago.
However as a philosophical issue, income should never mean poverty or no poverty as it is safe to say whomever bothers to read this blog is smart enough to structure their life to have as Wealthy a lifestyle as Common Sense may provide.
From raising a garden to self improvement to recapturing that health of youth, "we" know the score no matter the promises from a politician of Nuevo Utopia, it is up to ourselves to create our own lives and it would be helpful if they stepped out of the way and allowed that to happen.
Lower Fixed Costs by any means necessary.
