Cool Personal Time Check
Cool Checks to make sense of the times you are living in. If you live in a deflationary time or inflationary time the consequences are as dire as if you live in inflationary times. Often consumers are confused as to what economic times they are living in.
If the pervasive economic condition is deflationary, goods and services become less expensive. The cost of the dollar increases. Many cannot grasp that relationship.
Opposite of inflation is deflation and with deflation, most assets decline in value. You see the 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.
The value of the dollar goes up in a deflationary environment. Quite the opposite of an inflationary environment.
When the price of the U.S. dollar increases, it also increases against foreign currencies. The dollar buys more.
Everything is costing less. The guage of value of a particular currency has nothing to do with how their economy is doing. The value of a currency is base on how it compares with other currencies. You can’t evaluate a currency in isolation.
If you see your buck buying more, it means the accounting of the dollar is increasing. The United States Dollar increases against foreign currencies as a market basket of value and it also buys more goods and services as a whole abroad.
The coolest, cool personal checks for the safest place to have you money in deflationary times in Treasury bills. The least ugly investment worldwide is U.S. currency.
