Hope to Prosper

Simple Practices that Lead to Wealth

Top 10 Ways We know Inflation is Bad

Economy /

According to the Labor Department, the Consumer Price Index (CPI) rose 0.4% in April and 3.2% in the past year. This is the biggest year-over-year increase since October of 2008.

Exposing Government Scamflation

Economy /

Scamflation (n) – 1. Erosion of our purchasing power by devaluation of the dollar  2. Printing vast amounts of money to cover deficit spending  3. Manipulating the inflation rate to avoid increases in bond interest Inflation’s Harsh Reality I read an interesting post over at the OnlineInvestingAI blog, where George reviews a book called How to Profit from …

Overdraft is Over

Regulation /

The Federal Reserve announced Thursday new banking rules, which require consumers to opt-in before overdraft protection fees are allowed on their ATM and debit cards. This is a huge win for consumers who are being soaked for close to $40 billion dollars in overdraft fees in 2009 alone.