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Friday, December 26, 2008

Economic Checks - Cool Personal Check

By Nancy Hammershied

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 common folk are confused as to what financial condition they are living in.

In a deflationary environment, when thelevel of value for goods and services goes down, the value of the dollar goes up. The logic goes seemingly against human intuition.

With deflation, almost everything goes down. Safety and protection is important and if you have all you money in antiques, real estate or hard assets or commodities the worth of these goods decreases.

There is only one exception; the dollar goes up by definition. The opposite is true. When the cost of goods and services goes up the cost of the dollar shrinks.

Along with deflation, the United States Dollar value goes up. Its value goes up against foreign currencies. The buck buys more.

Check the accounting of the dollar in your personal purchases. Is the dollar's value is going up? It's buying more gas than it used to, buys more real estate than it used to, and gets better deals shopping for cars than before. Everything costs less.

When goods and services cost less, you're living in a deflationary environment. The dollar buys more and the worth of the U.S. dollar abroad increases also.

Regardless of what times you live in, getting good value for your money helps you live better. You can buy really cool checks at ElegantChecks.com. Checks that will stretch your budget dollar and offer an abundance of choices.

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