Inflation rises again – how will you protect your coaching business?

Did you see the numbers today?

Inflation just hit a 40 year high.

7.9%.

(And that’s if you go by Labor Departments dodgy data. Before they changed how it was calculated it would be over 16%. But let’s pretend it is 7.9%).

This is absolutely crazy.

This means at this rate, you’ll lose half your purchasing power over the next decade.

Or another way of looking at that it is…

Everything you pay for is going to cost twice as much.

“Oh don’t worry Aussie Hermit, the Fed will just raise rates which will bring down inflation.”

Oh really now?

Well, why haven’t they done it already?

Here’s why…

In order to quell inflation they’d need to raise interests rates above (yes, *above*) 7.9%.

(Actually they’d need to raise it above 16% as mentioned above. But again, let’s pretend it’s 7.9%)

What do you think would happen if they did that?

A completely economic implosion.

The government would default (as their debt interest would balloon to trillions every year).

The bond market would crash.

Pensions would disappear.

And we’d be living in Venezuela overnight.

Bottom line:

The Fed can’t raise rates (at least, not that high).

And that means inflation is here to stay for a long time to come.

The question is…

What are you going to do to protect your business, yourself and your family?

This is exactly what we talk about inside The Hermit Hole.

It’s a private community to help your business thrive through these turbulent economic times.

In fact, I just put up a post today that speaks exactly what I’m doing about inflation (including how to capitalise on it).

If you want to read it, simply join The Hermit Hole below. It’s free:

https://TheHermitHole.com

The post is entitled “What to do About Inflation.”

-Luke Charlton
The Hermit Hole, Somewhere Near Byron Bay
10/03/2022

P.S. Existing members can go straight to the forum by clicking this link: https://app.sociallair.io/lair/thehermithole-0Ok8