We may or may not like the government and institutions we have or for that matter the people who lead them – but they are a reflection of our collective societal values. Those who would like different election results will find that their greatest influence will come by way of education in the family and wielding neighborhood influence as opposed to anger directed at opponents.
I have been critical of the Federal Reserve for many years – including being vocal in this newsletter for at least the last two years.
“Governments are instituted among Men, deriving their just powers from the consent of the governed” - US Constitution (Thomas Jefferson)
The last global pandemic was 104 years ago. The last time a sovereign European nation was attacked unprovoked was during WWII, about 83 years ago. The last time inflation was this high was 40-plus years ago. The last time inflation was this much higher than interest rates was over 70 years ago.
This just in: life and families are messy. “Messy” not only describes in many cases the relationships but also the finances of even some of the most successful families.
Without question this is the biggest monetary and fiscal mess I’ve experienced in my twenty-seven years as a financial advisor…
