Disclaimer: None of what you read here is investment advice. Speak to a financial professional. Everything I'm writing here, is my opinion only.
If you've been reading my newsletters for some time, you're likely already aware that I'm a big economic/tech nerd.
If you're like most people, you'd probably rather be chewing on broken glass than talking about finances.
However, if you stick with me, you're going to learn how to insulate yourself from becoming more exhausted. Your future-self will thank you for spending some time with me, here.
Oh,
and I promise to circle back, so you'll see why this matters to YOU, as an Animal/Veterinary Chiropractic provider...
In other words, the words I'm gifting you here, if you follow them, could make a big difference for you (I sure hope it does). Let's jump in...
INFLATION:
I've discussed this a lot since 2020, so we'll keep it short-ish.
Inflation isn't going away, at least, not in your lifetime.
A simplified way to understand the
zoomed-out concept of why inflation occurs is...when the Federal Reserve prints money out of thin air, adding more money into the supply, each and every dollar loses power.
This is why your milk, eggs, houses and yachts (#savethebillionaires) continue to become more expensive (except ChiroSimple, we haven't raised our prices since inception 2018 - we're eating a lot more ramen noodles in an effort to take one
for the team).
It's a silent tax you pay, one you didn't vote for, that robs your future time and energy while you sleep. It's the most insidious theft there is. Essentially, all of us must work harder for money that's becoming weaker.
Inflation is also the reason everyone you know
(probably including yourself) feels as though they need to become a hedge fund manager in their spare time. They're chasing yield (growth) on their money in an attempt to keep up or outpace this headwind against us.
Since 2021, this inflationary force has become much more difficult to outpace -- and it's not looking great for the future either. I'd actually
argue, impossible, if you don't fully understand it.
You're going to need a strategy, now.
And, I've got one for you, if you're willing to listen. It's not a complete strategy, but it's a great start.
Keep reading, I'll bring it all
together.
Since our country is in so much debt, we need to print more money (a lot more) to keep things going (service our debt) - don't you wish you could that!