How To Find Financial Peace of Mind Despite the Chaos

How To Find Financial Peace of Mind

You can have financial peace of mind by getting the Big Banks out of your business and focusing on building your own private reserve and financial system.

Over the past month the U.S. equity market has flirted in and out of “correction” territory, at times being down more than 10%.

Is the worst to come? No one has a crystal ball, as humans are inherently unpredictable. But if the 2008 crash is any guide, there may be a string of “corrections” to come:

As the second of the charts indicates, before the 2008 crash the S&P 500 peaked way back in October 2007. Then there were at least four separate spikes back up, on its descent down to the trough in March 2009.

If you want to learn more about the nature and causes of the market’s “boom-bust” cycle, come learn from the Mises Institute, whose leadership warned of a bad recession a year ahead of the Lehman collapse, and warned of the Federal Reserve had blown up an asset bubble. The Mises Institute explains the broad movements in the economy by analyzing the Federal Reserve and Wall Street from the perspective of the “Austrian School” of economics.

The economy is not a “black box.” Many analysts have been warning from the start that the Fed’s unprecedented actions would set us up for another crash.