IMGENERATIONX

The Federal Reserve isn’t weaken the United States of America. A 4.25 Federal Fund Rate,

even a 5.25 will not weaken the United States economy. Just because the Federal Reserve

increase interest rates it only a factor if the fed fund rate was already impacting the

economy negatively. If the rate was 5 or 6 % and slowing the the economy, any increase would

impact the economy. When the Federal Reserve starting increasing rate, the Fed Fund Rate was

0.18% and the first increase was only 25 basis points. With a six month lag time , means in

December 2022 the Federal Fund Rate was still stimulating the US Economy. Please comment.

The red-hot job market capped off 2022 on a high note, with employers adding 223,000 jobs in December,

the Labor Department reported Friday.

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS …

unemployment during the week ending December 24

was 1,694,000, a decrease of 24,000 from the previous week’s.

It is true, a large portion of the global economy is in an recession, China having

problem reopening and inflation soaring. What set the United States of America Economy

on such an awesome road of prosperity is the huge amount of stimulus by the Federal

Reserve and the Federal Government.

American Rescue Plan Act

Seven weeks into his presidency, Biden signed into law a $1.9tn economic stimulus plan

designed to combat the coronavirus pandemic and begin repairing the nation’s frayed social

safety net. The bill, passed by Democrats on a party-line vote, sent $1,400 stimulus checks

to tens of millions of Americans and temporarily extended unemployment benefits.

It included billions in funding to speed up vaccination distribution and school reopening

and additional money to help state and local governments weather the pandemic-induced economic

downturn. The legislation also temporarily increased the annual Child Tax Credit, a policy

experts say helped halve child poverty in America before it ended.

In addition, the Federal Reserve added trillions more with a Fed Fund Rate of 0.18. Not to

mention purchasing billions of dollars in mortgage back securities. Americans have over 1.7

trillion dollars in saving as of January 1, 2023.

Inflation is still to high, so is crime and the labor shortage are all problems. 2023 will the

year to deal with all of this. HAPPY NEW YEAR EVERYONE

I WOULD LIKE TO THANK EVERYONE WHOM DONATED TO THIS SITE IN 2022. YOUR DONATIONS ARE
APPRECIATED AND KEEP THIS SITE GOING. PLEASE CLICK ON THE PAYPAL BBUTTOM BELOW AND MAKE
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WHEN YOU CAN’T PRAY

What Are Existing-Home Sales? Existing-home sales data are a monthly measure of the sales

volume and prices of existing single-family homes, condos, and co-ops nationwide. But what

exactly are existing-homes? Existing-homes, unlike new homes, are homes that are owned and

occupied before coming onto the market.

What adds the most value to a home when selling?

The top five projects that add the most dollar value to a sale in 2022 are refinishing hardwood

floors, installing new wood floors, upgrading insulation, converting a basement to a living

area and renovating closets, according to a joint report by the National Association of

Realtors (NAR) and the National Association

What is the best program for first-time home buyer?

1. FHA loan. FHA loans are backed by the Federal Housing Administration and are considered more

secure than conventional loans because they are backed by the US government. They’re one of

the easiest mortgages to get approved

for if you’re a first-time homebuyer with a low credit score and minimal down payment savings.

What is a good credit score to buy a house?

620 or higher

It’s recommended you have a credit score of 620 or higher when you apply for a conventional loan.

If your score is below 620, lenders either won’t be able to approve your loan or may be required to offer you a higher

interest rate, which can result in higher monthly payments.

How can I build my credit fast?

Here are some strategies to quickly improve your credit:

Pay credit card balances strategically.

Ask for higher credit limits.

Become an authorized user.

Pay bills on time.

Dispute credit report errors.

Deal with collections accounts.

Use a secured credit card.

Get credit for rent and utility payments.

6 Month Treasury Bill Rate is at 4.51%, compared to 4.55% the previous market day and 0.16% last year. This is higher than the long term average of 4.

The International Association of Professional Debt Arbitrators.

What is the downside to debt relief?

Stopping payment on a debt means you could face late fees and accruing interest. Additionally,

just because a creditor agrees to lower the amount you owe doesn’t mean you’re free and clear

on that particular debt. Forgiven debt could be considered taxable income on your federal taxes.

How do you qualify for debt relief?

As noted above, to qualify for a debt relief program, you must be able to make a monthly payment

into a settlement fund, which will be used to settle with your creditors. For many consumers,

this monthly payment will be lower than the total monthly payments on their credit cards.CREATING WEALTH 2023-PLANNING FOR A PROSPEROUS NEW

How much does debt relief cost?

15% to 25%

Fees. No matter what debt relief solution you choose, it’s important to understand the fees

associated with it. Debt settlement services typically charge a percentage, usually 15% to 25%,

of the total amount you owe. For example, if you have $10,000 in debt and the company’s fee is

20%, the fee would be $2,000.

Does debt relief destroy credit?

It sounds like a good deal, but debt settlement can be risky: Debt settlement can destroy your

credit. Reaching a settlement can take a long time to accomplish — often between two to four

years. It can be costly.

How many points does debt relief hurt your credit?

Debt settlement can cause your credit score to fall by more than 100 points, and it stays on

your credit report for seven years. If your creditors close accounts as part of the settlement

process, this can cause your credit utilization to increase, which also negatively affects

your credit score.

Can I buy a house after debt settlement?

Can You Buy a Home After Debt Settlement? Absolutely! Lowering your debt can make a huge difference

when you’re ready to apply for a mortgage (what is a mortgage?). It’s probably been a difficult

journey getting debt relief, and like any time after you’ve completed a challenge, you want to

reward yourself.

Do you need good credit for debt relief?

No, you don’t need good credit for a debt consolidation loan, but it definitely helps. Good credit

means better loan offers and bigger savings on your debt. Bad credit limits your loan options,

and the remaining loans may have such high-interest rates that they aren’t worth it.

KINDLE WEALTH BUILDING eBOOKS — PROPERSING 2023

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS

SEASONALLY ADJUSTED DATA

In the week ending December 10, the advance figure for seasonally adjusted initial claims was 211,000, a

decrease of 20,000 from the previous week’s revised level. The previous week’s level was revised up by

1,000 from 230,000 to 231,000. The 4-week moving average was 227,250, a decrease of 3,000 from the

previous week’s revised average. The previous week’s average was revised up by 250 from 230,000 to

230,250.

Retail sales fell 0.6% in November as consumers spent less.

7 hours ago — Retail sales for November declined 0.6%, even worse than the Dow Jones estimate for

a 0.3% drop. · Weekly jobless claims fell to 211,000.

What happens when consumers save more?

As personal saving contributes to investment, all else equal, a higher saving rate will result in

a higher level of physical capital over time, allowing the economy to produce more goods and services.

Why is it important for consumers to save money?HOW MUCH WILL YOUR SOCIAL SECURITY RAISE BE IN 2023?

Saving money is a great place for consumers to start, or continue, to work on their finances. Using

money that you’ve set aside to pay for unexpected expenses or to make a large purchase can help you

avoid debt. And, knowing that you’re saving for long-term plans like college or retirement can give

you peace of mind.

Savings-Related Resources – FDIC

How much savings do consumers have?

In Q2 2022, total savings was $1.7 trillion. Across the entire timeline, the majority of savings

are held by the top two income quartiles, but the bottom two still have significant amounts.

Americans are still collectively sitting on $1.7 trillion in excess savings built up over the

pandemic. Oct 31, 2022
Do people save more or less in a recession?

Consumers in Vulnerable Position Should Recession Happen

One of the more troubling aspects of this week’s survey results is not only are consumers spending

their savings, but they’re also saving less than they were before. Oct 20, 2022How can wise consumers
save money?

Tips on how to be a Smart Consumer

products that have long life spans – avoid disposable items.

Buy products that have minimal packaging.

Buy products in their concentrated form.

Buy only what you need. Consuming less, you dispose of less waste.

Consider buying in bulk for those necessary purchases.

How to be a Smart Consumer | City of Irvinehttps://www.cityofirvine.org › environmental-programs

Do you pay tax on T-bills?

Like other low-risk investments, such as savings accounts and certificates of deposit (CDs),

T-Bills often earn relatively low interest; unlike with those other options, however, interest

earned by a T-Bill is not subject to state or local taxes, although it is subject to federal income tax

How does restrictive monetary policy affect inflation?
Restrictive monetary policy instruments

This has the effect of slowing down the granting of credit to economic agents, as the cost of credit is higher. It is therefore a way to slow down the expansion of the money supply and thus to fight inflation.

Which of the following are functions of restrictive monetary policy?

It reduces the amount of money and credit that banks can lend. It lowers the money supply by

making loans, credit cards, and mortgages more expensive. That constricts demand, which slows

economic growth and inflation. Restrictive monetary policy is also known as contractionary

monetary policy. Federal Reserve issues FOMC statement – December 14, 2022https://www.federalreserve.gov › files

19 hours ago —

policy that is sufficiently restrictive to return inflation to 2 percent … tightening

of monetary policy, the lags with which monetary

What are the 4 policy tools of the Federal Reserve?

Central banks have four main monetary policy tools: the reserve requirement, open market

operations, the discount rate, and interest on reserves.

What are the 3 mandates of the Federal Reserve?

Image result for Federal Reserve sufficiently restrictive policy

The Federal Reserve Act mandates that the Federal Reserve conduct monetary policy “so as to

promote effectively the goals of maximum employment, stable prices, and moderate long-term interest

rates.”1 Even though the act lists three distinct goals of monetary policy, the Fed’s mandate for

monetary policy is commonly.

Which policy tool is the most used by the Fed?

Key Takeaways

The primary tools that the Fed uses are interest rate setting and open market operations (OMO).

The Fed can also change the mandated reserves requirements for commercial banks or rescue failing

banks as lender of last resort, among other less common tools..

What is an example of restrictive monetary policy?

An example of restrictive monetary policy is when the Federal reserve raises the bank’s reserve

requirements (which reduces the amount of money banks have to lend to consumers) or raises the

How does restrictive monetary policy affect inflation?

Restrictive monetary policy instruments

This has the effect of slowing down the granting of credit to economic agents, as the cost of credit

is higher. It is therefore a way to slow down the expansion of the money supply and thus to fight inflation.

The economy may be to strong and too weak. For the Federal Reserve according to Chairman J. Powell

job creation is to high. What about corporate profits of 8%. What about 2 jobs for everyone that

unemployed? This is the path he United States of America economy is on. Should the Federal Reserve

increase the Federal Fund Rate by another 75 points December 14, 2022???

4.55%

6 Month Treasury Bill Rate is at 4.55%, compared to 4.56% the previous market day and 0.13% last year.

This ishigher than the long term average of 4.48%.

6 Month Treasury Bill Rate is at 4.55%, compared to 4.56% the previous market day and 0.13% last year. This is higher than the long term average of 4.48%.

When inflation is too high, the Federal Reserve typically raises interest rates to slow

the economy and bring inflation down. When inflation is too low, the Federal Reserve typically

lowers interest rates to stimulate the economy and move inflation higher.

DARE TO PROSPER – DARE TO BE RICH — DREAM BIG -SET GOALS

How does the Russell 2000 work?

The Russell 2000 is a stock market index that tracks the performance of the

smallest publicly traded companies in the United States. Created in 1984, the

index is widely considered to be the most comprehensive barometer for the

performance of the small-cap sector of the economy.

It’s set as a range between an upper and lower limit. The federal funds rate is currently 3.7% to 4%

U.S. payrolls surged by 261,000 in October, better than expected as hiring remains strong

What is the job outlook for 2022?

How many unfilled jobs are in the US in 2022?

10.7 million

Job openings decreased to 10.7 million in June 2022 : The Economics Daily: U.S. Bureau of

Labor Statistics.

What is causing the worker shortage?

Typically, a labor shortage occurs when there are not enough available workers participating
in the labor market to

meet the demand for employees. For example, in the United States, there are nearly 11 million

job vacancies, but only

6.5 million workers are listed as unemployed in 2022.

What was the highest federal funds rate in history?

20%

Key Takeaways. The highest fed funds rate was 20% in 1980 in response to double-digit inflation.

The lowest fed funds

rate was zero in 2008 and again in March 2020 in response to the coronavirus pandemic. The FOMC

announced in

November 2022 that it would continue to raise interest rates in response to rising inflation.

s federal funds rate the same as interest rate?

The fed funds rate is the interest rate that depository institutions—banks, savings and

loans, and

credit unions—charge each other for overnight loans. The discount rate is the interest
rate that

Federal Reserve Banks charge when they make collateralized loans—usually overnight—to

depository

institutions.

How many people are employed in the U.S. 2022?

about 158.94 million people

U.S seasonally adjusted monthly number of employees 2021-2022. In September 2022, about 158.94

million people were employed in the United States.

The New York Times bestselling author of The 4-Hour Body shows readers how to live more and work less, now with more than 100 pages of new, cutting-edge content.

Forget the old concept of retirement and the rest of the deferred-life plan–there is no need to wait and every reason not to, especially in unpredictable economic times. Whether your dream is escaping the rat race, experiencing high-end world travel, or earning a monthly five-figure income with zero management, The 4-Hour Workweek is the blueprint.

What are the 3 types of poverty?

There are multiple types of poverty.

Situational poverty.

Generational poverty.

Absolute poverty.

Relative poverty.

Urban poverty.

Rural poverty.

How do I apply for Job Corps?

To enroll, call 1-800-733-JOBS [5627] or visit the Recruiting and

Enrollment Interest page. People who are hearing-impaired may call this

toll-free TTY number: 1-877-889-5627

Job Corps is the largest Free residential education and job training program

for young adults ages 16–24. We connect you with the skills and education.

The US economy is on record pace to end 2022 with the most jobs created in any

12 month period. Get ready for 2023 when we see more than 300,000 jobs created

each month in the United States. Returning manufacturing from overseas, exporting

more goods/services, chip manufacturing, infrastructure spending, not to mention

the billions of dollars states have in surplus. The Federal Reserve will raise

the Federal Fund rate in 2 weeks, again in January and February of 2023 stalling

out inflation which will only boost the United States of America Economy.What are the Types of GDP?

Nominal GDP – the total value of all goods and services produced at current market prices. …

Real GDP – the sum of all goods and services produced at constant prices. …

Actual GDP – real-time measurement of all outputs at any interval or any given

time. Your definition of GDP is FLAWED. Two quarters generally only make a

recession if GDP falls enough to impact the economy. First quarter and 2nd quarter

of 2022 GDP did fall but job creation was great and 3rd quarter GDP and job

creation was awesome. Families are cutting spending, paying down debt and building

cash reserves. It is unclear why so many reducing debt. Yes, I agree every year

people over spend during the months before Christmas. As to labor Job Corp which

is a free government training program for 16 – 24 years and have trained over 2

million is ONE solution to labor shortage. The United States economy need more

skill labor and opportunity for those lack skill training. Job Corps—Suggested—16

to 30 years and double the budget from infrastructure bill, Inflation Reduction Act

and the Chip Bill.
What is a recession in the economy?

Image result for recession definition economics

A recession can be defined as a sustained period of weak or negative growth in

real GDP (output) that is accompanied by a significant rise in the unemployment

rate. Many other indicators of economic activity are also weak during a recession.

Short motivational quotes

• “Just one small positive thought in the morning can change your whole day.” — …
• “Opportunities don’t happen, you create them.” — …
• “Love your family, work super hard, live your passion.” — …
• “It is never too late to be what you might have been.” —

What are good short quotes?

Here are 55 of my favorite short quotes for you to read, remember and retell:

Love For All, Hatred For None. …

Change the world by being yourself. …

Every moment is a fresh beginning. …

Never regret anything that made you smile. …

Die with memories, not dreams. …

Aspire to inspire before we expire.

What is inspiring in life?

To live an inspiring life means that you are living life to the fullest. It

also means that you are living a meaningful life that is based on your passion

and your life’s true calling. By doing so, you can feel the happiness most

people are just dreaming to have.

What is positive inspiration?

Being positively inspired is when someone is making progress towards their

immediate, conscious goals and awakening to something new, better, or more!

What are some unique quotes?

Image result

Being Unique Quotes

“What sets you apart can sometimes feel like a burden and it’s not. And a lot

of the time, it’s what makes you great.” — Emma Stone. …

“In order to be irreplaceable one must always be different.” – Coco Chanel. …

“Always remember that you are absolutely unique. Just like everyone else.” –

Key Insights. An emergency fund can serve as your personal safety net during periods of financial stress. While you’re working, we recommend you set aside at least $1,000 for emergencies to start and then build up to an amount that can cover three to six months of expenses.

Bloomberg on Bank of America’s flow data: The “Rush to Cash Is Now at Fastest Pace

Since Pandemic.”

What is not clear is how far this phenomenon has run/can run … which, of course, is

critical for determining when this negative technical turns into a positive one for markets.

How do you build cash reserves?

It is important you build a cash reserve in order to improve the financial security of

your business.

…

How to build up your business cash reserves in 5 simple steps

Improve debt management. …

Have a tight invoice. …

Consider invoice finance. …

Cut down your expenses. …

Ensure you pay back your reserve.What does it mean to have cash reserves?

What Are Cash Reserves? Cash reserves refer to the money a company or individual keeps

on hand to meet short-term and emergency funding needs. Short-term investments that

enable customers to quickly gain access to their money, often in exchange for a lower

rate of return, can also be

called cash reserves

How do you maintain cash reserves?

Set a Monthly Target

Aiming to put aside whatever money is left each month is not going to work. It would be best

to budget your transfer to cash reserves in the same way you budget for costs. So, include

a specific amount of cash to transfer to your reserve account each month in your forecasts

Where can I invest cash reserves?

Money market funds are a good option as a secondary savings account or to hold a portion

of your emergency money. They’re offered by mutual funds and investment companies. The

funds invest in debt: super-safe, short-term Treasury bills, plus short-term municipal

and corporate debt (also known as “commercial paper”).