Texas had a very rough week, but there are lessons to be learned. With the snowstorms and massive power outages, between 4 and 15 million people have gone without power and more than 21 people have died. One thing I noticed in talking to people is that, regardless of their political perspective or their placement of blame, they all agree that it is a failure. A failure of energy policy, a failure of leadership, a failure of the system.

In a country of 330 million people and innumerable competing interests and complexities, it’s amazingly difficult to do good things on a large scale. But isn’t this event just another example of how our institutions are not up to the task?

Whether it’s due to “greedy corporations” or government meddling, disjointed, disorganized and contradictory energy policies have led to an avoidable disaster at the worst possible time.

But the same concepts apply to our health care system. They apply to our political system. To our educational system. And they apply to our financial system.

Regardless of their benevolence, competence, honesty, and even their ability, our government, our non-profits, and our private institutions have failed to bring about a sound energy policy, or sound educational, health care, or financial systems. This despite decades of campaign promises and trillions of dollars thrown at the problems.

Right now, whether because or despite the stock market’s continuous rise, ongoing global pandemic, and multiple crises, we are printing so much phony money that it makes the $800 billion Troubled Asset Relief Program (TARP) in 2008 look like a parking meter payment.

It will easily be $6 trillion in deficit spending in 2 years – more than our entire and already outrageous national debt was in 2000. Our debt now exceeds our GDP for the first time since World War II.

Interest rates continue to be artificially suppressed for the simple fact that it would be globally catastrophic to allow them to rise. Our money supply – the government’s impossible attempt to print its way out of financial crisis, has grown more than 400% since 2000 ($4.7 trillion) and will more than double over the next 4 years to $50 Trillion!

These are absolutely shocking facts, but they exist in a time where we’ve become emotionally immune to shocking news. The consequences will occur nonetheless. The more fake currency we create, the more blank checks we write in the name of the crisis du jour, the more we meddle with markets, the more frequent and more severe will be the consequences and the crashes. And the more debt we will saddle our children and our grandchildren with, thanks to our utter recklessness 

The mission at Arieff Consulting is simple: protect at least some of our financial assets from the failure of these major institutions, and at the same time position ourselves to take advantage of the situation when these failures occur.

What percentage of your money would you like to guarantee against loss, just in case the irrational, overinflated stock market crashes?

How much of those same dollars would you like to convert to tax-free status, just in case taxes rise significantly in order to tackle the insolvency of Social Security, Medicare, Medicaid, to cover the litany of NEW spending programs sure to arise, and to pay for the millions of Americans and non-citizens without food, shelter or health care?

How much of those same dollars would you want to have access to in case you get seriously ill?

What percentage of those same dollars would you like to be growing safely and effectively, yet be readily available so that you can take advantage of the situation WHEN these institutions fail and the bubbles burst? After all, is there any opportunity immediately following stock market, housing market, or sector crashes?

Instead, would you prefer to trust 100% of your assets to the benevolence, competence, honesty, and abilities of the politicians, the unions, the banks, Wall Street, and the health care system, and remain fully invested in securities and bonds through your tax-deferred 401(k) type plans and government pensions?

If you have any curiosity about an alternative, common sense approach to building and protecting wealth, please contact us. If you’re receiving this newsletter I’ve been meaning to contact you personally. I’ve just been relentlessly busy working with my prospects, clients, friends and family members who have begun to see the light.

I sincerely hope you choose to take control rather than let these institutions control your financial outcome. Contact us for a FREE financial analysis.

Will Our Major Institutions Save Us, or Fail Us? – February 2021 (Pdf Download)

* Dividends are not guaranteed. However, companies we use have paid dividends without fair for more than 100 consecutive years.

Disclaimer: This newsletter represents the opinion of Arieff Consulting, Inc, and does not constitute financial, tax, or legal advice.