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Monetize Present Knowledge, MPK, loss of purchasing power

You Can't Work Your Way Into Prosperity Earning Near Worthless Dollars

federal reserve inflation loss of purchasing power monetize present knowledge money printing mpk Sep 19, 2022

If you're old enough to remember the late 50's early 60's television show Leave it to Beaver that featured the Cleavers, an average American family. Today what's striking is the head of household, Ward Cleaver, worked one full time job while his wife June stayed at home and took care of the family. Ward drove their Plymouth automobile to work most days unless June needed the car to run errands. Occasionally, Ward was required to do some office work at home, but there was never a mention of working overtime. Still, the Cleavers enjoyed a happy, comfortable, average middle class life on his salary, alone. For many, those were the "good old days" when the American dollar had most of its purchasing power. 

Sadly, much has changed since then. While you might think the cost of living has increased, and it has, the major contributor to daily cost of living expense is actually the lost of purchasing power or the devaluation of the American dollar due to excessive money printing.


(image from Venture Capitalist website)

The fact is, the dollar has lost nearly all of its purchasing power (almost 98%) since the Federal Reserve was created in 1913 and empowered to print money. Over time, the Fed has printed so much money that the purchasing power of the dollar has been eroded almost completely. Workers are now forced to work two or three jobs hoping to enjoy the same standard of living as in the late 50's and early 60's.

Here are some examples of the cost of living in 60's (source Humble Independent SD):

  • New House:  $12,675
  • Average Income: $5,199 per year
  • New Car: $2,610
  • Average Rent: $98 per month
  • Movie Ticket: $1.00 each
  • Gasoline: 25 cents per gallon
  • First Class Postage Stamps: 4 cents

Unfortunately, there is no way to "work" your way out of this chronic situation. Instead, finding an alternative, possibly, an entrepreneurial option is critically important. Using the MPK business model frees you from trading more and more of your precious time for dollars that have less and less purchasing power. 

As the American economy is experiencing higher and higher inflation, the need for a Plan B or new Plan A is becoming more dire. The MPK business model can be the solution. 

Find out more about how to turn information into a revenue stream and stop trading your valuable limited time for money. www.MonetizePresentKnowledge.com 

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