Posts Tagged ‘increase’

“Whatever it is that you would like to get from a situation, you can increase the likelihood that it will be forthcoming if you provide it first.” -Robert Cialdini

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“The U.S. 10-year bond yield rose to a seven-year high of 3.24% – nearly 2% above its bottom in July 2016.

This 2% increase, imposed on $68 trillion of debt, is equal to an extra $1.3 trillion in interest charges….

To look at it another way, the typical working person who works an average of 33 hours per week earns $26 an hour. His percentage of the total debt is about $500,000.

At today’s interest rate, he will have to work 558 hours – or three and a half weeks (not including taxes) – just to keep up with the interest payments. Clearly, this is impossible…” -Bill Bonner

More Pay

Posted: September 15, 2018 in Money Matters, Thought for the Day
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"If you want to be paid more or promoted faster, you have to increase the value 
of the work that you do." -Brian Tracy

“Traditionally, inflation has been defined as ‘an increase in the amount of currency in circulation’….   Unfortunately, in recent decades, even dictionaries have been offering a revised definition of inflation, as ‘an increase in the price of goods and services’….

The purpose of bank-created inflation is to extract wealth from the populace.  By regularly increasing the amount of currency in circulation, banks create an environment in which the concept of debt appears to be beneficial. As a result, virtually everyone in today’s society not only has debt; he actually believes that he couldn’t improve his life except through debt….  In essence, the inflation concept was invented by banks as an invisible tax—a means by which they could extract wealth from the populace.

In effect, the individual is used by the banking system as a milk cow. For his entire working life, inflation is carefully adjusted to extract as much monetary value from his labours as possible, whilst still leaving him capable of continued production….

Refuse to borrow money for any situation. Yes, it will mean that, as your friends show off their new cars, you’ll be driving an older model. They’ll also live in nicer houses than you and they’ll ‘own’ their own house before you do. But, at some point, since you’re free from debt, you’ll pass them by and eventually retire well.

By understanding inflation, and acting on that understanding, the odds of living your life as a milk cow can be greatly diminished.”

-Jeff Thomas

“The inflation process is the increase of the money supply.” L. Carlos Lara

“The actual process of money creation takes place primarily in banks.” -Federal Reserve Bank of Chicago

“Money doesn’t make you better. It doesn’t really increase your freedom. It doesn’t make you more lovable. It just magnifies what is already inside of you.” -James Altucher

Wealth Step

Posted: March 10, 2017 in Money Matters
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“The first step to building wealth is not to increase your income.  The first step is to curb your spending.” –David Eifrig