The best way to sum up information is as a loss of power. This basically means that when inflation is high a person can do less with the dollar they have in their pocket. Although inflation is a loss of power, there is a remedy for it. It’s knowledge, as knowledge is power.
The first thing to know about inflation is what exactly makes it up. Inflation can be described as the difference between the price of goods and services within a market as it is compared to the previous year. There is more than one way to understand the phenomenon of inflation. However, a common method of measuring this economic vibration is through the Consumer Price Index (CPI). Basically, it is a huge database of the prices per unit on a number of different items.
The significance of this index is that it reports and tracks this data over time. And, that is where things can get a little bit tricky. Where most people understand the rate of inflation as compared to what they paid for on items such as cars and education a few years ago, there’s another side to it.
The Bureau of Statistics makes this determination by looking at the pricing data for several items within the United States. The purpose of this endeavor is to see how prices relate and overlay each other, in the life of the average everyday consumer. It’s generally understood as a complication to life. But at its very core, it is indicative of what is going on with an economy.
High inflation means that a dollar can be described as weak, where low inflation can have a tell-tale sign regarding the purchase of goods. This kind of swing within inflation, during a recession, can result in deflation. The good people at the US Money Reserve make it their business to understand these types of changes in the economy and have solutions available no matter what comes.
Since economic phenomenon like these really depend on market trends and how people are buying, the answer to avoid it was simple. It all begins with being able to increase ones earning power and savvy through financial lingo and comprehension. There’s also the simple matter of being able to save and protect resources should a collapsing economy ever occur. After all tightening your belt, so to speak, can only take one so far. And, in some instances it actually proves more restrictive than prudent.
There has been a huge spotlight cast on the migrant population in recent press cycles. One of the major issues that are circulating right now is the fate of the DACA program. The DACA, or Deferred Action for Childhood Arrivals, came under fire through the current Trump administration after being put in place by the Obama administration in 2012. The purpose of the DACA was to help the American migrant population by improving their quality of life and increasing their chances of acquiring better jobs. This security was offered to increase the chances provided to subsequent generations and help alleviate poverty.
A recent article published on Larkinandlaceyfronterafund.org discusses the threats that are being posed to the DACA program. Author Carmen Cornejo discusses the move Texas Attorney General Ken Paxon has taken to rescind the DACA program. In fact, Paxon has not only asked for the Trump administration to rescind the program but he also threatened litigation if it were not properly considered and his demands were not met. Instead of abruptly canceling the program, there has been a proposal of a kind of phasing off that will help ease the transitional period for many.
The news of the DACA program’s demise will surely affect many. As of 2017, more than 800,000 people benefited from the program and numbers were only expected to rise. This program was beneficial because it allowed undocumented youths who came into the United States at a young age to register for deferred deportation and obtain a work permit. This would allow them to go to school and pay taxes. They would have a more stable livelihood and be able to provide for their families better than they ever could before. These DREAMers would even be able to get driver’s licenses.
While the DACA program was rescinded in September of 2017, there is still a lot that people can do to support this program. There are organizations and countless other resources that people are welcome to contribute to support this population. People should not give up the fight so easily. They can write letters and join the movement with the same vigor that resulted in the DACA program in the first place. It might seem easy to give up, but that will only make things worse.
One organization that is not giving up on the DACA program is the Larkin and Lacey Frontera Fund. Print media titans Jim Larkin and Michael Lacey founded this fund. The pair received a large settlement to the tune of 3.7 million dollars after having their civil rights violated by the police department of Sheriff Joe Arpaio. Maricopa County paid out on this settlement when the men were held unjustly for information they had published in their papers. After receiving the settlement Larkin and Lacey decided to help the migrant population. The migrant population had always been a huge target for Arpaio. He created an atmosphere of prejudice and fear-mongering around this group of people. Larkin and Lacey wanted this fund to help these people and programs like the DACA.