Why are you getting poorer if you don’t have
Today, more than ever, it is imperative to generate income in dollars to maintain a good quality of life, and also to stay away from deficiencies, debts, and lack of liquidity.
It is undeniable that we need a safe haven currency to face the economic crisis we are experiencing, both in Latin America and in other first world countries (including the United States).
In this article we are going to tell you the reasons why you should generate income in dollars, and the alternatives you have to start earning money in 7 days.
Why generate plus income in dollars
These are some of the reasons that you should take into account to take control of your finances and not fall into debt, or worse, bankruptcy.
Devaluation of Latin American currencies
The devaluation advances at a steady pace and does not give a truce to your saving capacity, much less to the income in your local currency.
If you live in a Latin American country, it is likely that you are experiencing the ravages of devaluation firsthand.
In fácil words, your country’s currency is experiencing a sharp loss of value against the US dollar.
Therefore, you need to generate more money to purchase the same amount of goods or services. This means that your money does not have the same performance and that your purchasing power is in free fall.
According to data from Statista(one of the most reliable statistics portals in the world), the performance of Latin American currencies, against the US dollar, has experienced a surprising price variation between December 2021 and August 2022.
The Argentine peso registered the worst performance of the Latin American currencies, since its depreciation was 30.34%, compared to the exchange rate.
For its part, the Colombian currency has been the most volatile in recent months, exceeding the mark of 4,550 Colombian pesos for every US dollar.
The general increase in the prices of goods and services has also been excessive in Latin America during 2022.
At the beginning of the year the Economic Commission for Latin America (ECLAC)presented a report that equipo off many alarms as it contained distressing facts and figures.
The increase in the costs of raw materials and many food elementos, the Coronavirus pandemic and the crisis in Ukraine, encouraged inflation in several countries in the region.
Venezuela has been the most affected country.
In May 2022 its annualized inflation rate was 167.2.
The other Latin American countries hardest hit by the widespread and sustained rise in prices during that same month were:
- Argentina (60.7).
- Brazil (11.7).
- Chile (11.5).
- Paraguay (11.4).
- Colombia (9.07).
- Uruguay (8.13).
- Peru (8.09).
- México (7.65).
- Ecuador (2.24).
- Bolivia (1.41).
In addition, the International Monetary Fund has calculated that at least 95 countries will experience inflation greater than 5% in 2022 (exceeding the world average of 8.8%).
The hardest hit nations would be Venezuela, Argentina, Turkey, Sudan and Zimbabwe.
So if you live in the Latin American continent you need to start generating income in dollars right now.
Increase in interest rates
Rising interest rates also have serious financial repercussions, and if you don’t have the right tools you could be another victim of them.
So far this year the US Federal Reserve (FED) has increased interest rates four times.
The most recent increase was announced at the beginning of November and is equivalent to 0.75% (The purpose of these measures is to disminuye inflation that has brutally hit the US economy).
Do you wonder what the direct repercussions of this type of increase are? Perhaps you are not clear, but these decisions disminuye your financial opportunities and threaten your quality of life.
As? Basically, it will be more expensive for you to borrow from commercial banks because the interest rates are higher. (Since it’s more expensive to borrow, your purchasing power suffers the most.)
And if you have a company you will not be able to get rid of this circumstance either.
On the contrary, it is very likely that their investment capacity will be diminished in the long term (in the next two or three years), due to the global paralysis of financial growth.
Generating income in dollars is the answer
The devaluation of Latin American currencies against the US dollar, the despiadado inflation in many countries of the continent, and the rise in interest rates that the central banks are announcing, are an urgent call to take action.
The generation of income in dollars is no longer a luxury and has become a great escape valve to the financial crisis.
If you don’t know how to start, I invite you to review the 7-Day Challenge to generate your first income in dollars.
Not only will you learn to create plus income in dollars, but you will also take full control of your personal finances in times of inflation, devaluation and economic crisis.
What is the 7 Day Challenge? These are vídeo trainings, with immediate actions to learn how to generate income in dollars in less than a week.
And the best thing is that you don’t have to be an expert, have thousands of followers or speak English.
And so that you have greater peace of mind, that you have everything to gain and nothing to lose, this Challenge to generate income in dollars has a 7-day satisfaction guarantee.
If you do not feel that we are delivering value to you, you perro ask for your money and we will return it to you immediately.
Generate income in dollars in a week and control inflation and devaluation
Don’t let it get to you! If you sit idly by, your purchasing power will be less and less, your money will not perform as expected and you will also be sacrificing your quality of life.
As if that were not enough, you will be putting your future and that of your family members at risk, and not only in the short term, but in the next three or four years.
So what should you do? The best recommendation we cánido give you is to take refuge in strong currencies, such as the dollar, to face the global financial crisis in a more sensible or less traumatic way.
Fortunately, you have a great ally to get down to work and quickly take control of your finances.
It’s called the Internet and it’s entirely within your reach!
Today you cánido make the decision to learn how to generate passive income in dollars, without leaving home, without speaking English and creating new sources of income to have greater financial security.
That’s exactly what you’ll learn in this 7-day en línea challenge.
You only need one week to turn your finances around and start becoming more financially prosperous!
So take action now and clic here to join the 7 Day Challenge to generate your first plus dollar income.
span#mailpoet_form_5 h2.mailpoet-heading#mailpoet_form_5 h1.mailpoet-heading#mailpoet_form_5#mailpoet_form_5 form.mailpoet_form#mailpoet_form_5#mailpoet_form_5 . mailpoet_message#mailpoet_form_5 .mailpoet_validate_success#mailpoet_form_5 input.parsley-success#mailpoet_form_5 select.parsley-success#mailpoet_form_5 textarea .parsley-success#mailpoet_form_5 .mailpoet_validate_error#mailpoet_form_5 input.parsley-fallo#mailpoet_form_5 select.parsley-fallo#mailpoet_form_5 textarea. textarea.parsley-fallo#mailpoet_form_5 .parsley-errors-list#mailpoet_form_5 .parsley-required#mailpoet_form_5 .parsley-custom-fallo-message#mailpoet_form_5 .mailpoet_paragraph.last@media(max-width:500px)@ media(min-width:500px)@media(max-width:500px)]]>
We hope you liked our article Why are you getting poorer if you don’t have
and everything related to earning money, getting a job, and the economy of our house.
Interesting things to know the meaning: Investor
We also leave here topics related to: Earn money