Hi friends,
Another monthly newsletter and another increase in interest rates.
Last Tuesday 6 Sept. the Reserve Bank of Australia (RBA) lifted interest rates another 0.5% to 2.35%, a seven-year high.
That’s now 5 increases in 5 months!
Make no mistake, inflation is 'invisible theft'.
It steals purchasing power from every dollar you have.
To see what you can do to fight this 'theft', be sure to register for this month’s gift of the month below.
If it didn’t hurt people so much financially, it would be laughable.
This time last year, and even into early 2022, the RBA was spouting interest rates would not go up until 2024.
They were wrong.
Not to be outdone…
Their U.S. counterparts, the Federal Reserve, over the last year first said there would be no inflation…
They were wrong.
When it hit, they then said it would be ‘transitory’.
They were wrong... again.
When it turned out to be ‘persistent’, they said it would not go that high.
They were wrong.
Now at 8.5% in the US and 6.1% in Australia, inflation is the highest its been in over 30 years.
This is causing increased financial pressure not just on Australians with a mortgage, but everyone in society, as the cost of living soars in general.
What’s even funnier is these so called ‘experts’ have no clue what causes inflation. Be sure to watch my video success tip for more on this.
One thing is certain, it’s not having a positive effect on residential property prices and commercial yields are falling as a result, which reduces asset valuations.
So to maintain your current standard of living you’ve really got two choices:
You either have to reduce your expenses without compromising on quality as everything costs more OR you have to increase the amount of money you make.
You should be looking to do both, but making more money is definitely more fun.
BREAKING: Ethereum “Merge” Date announced. Finally, after years of anticipation, the world’s second largest Cryptocurrency, Ethereum, will transition from Proof-of-Work to the 99.9% more energy efficient Proof-of-Stake consensus mechanism on 15 September 2022. This is a big deal and this months gift of the month Special Webinar will explain exactly what that means and how this clears the way for the explosive launch of the largest crypto project in History and could trigger the next bull run.
Watch the video success tips below and make sure you registered for the gift of the month webinar.
Everything is changing so fast. Stop Being a Victim and take control of your financial future.
Get educated now.