Discuss this video on steemit: https://steemit.com/@nealmcspadden ... https://www.youtube.com/watch?v=MYrEmk_fAF8

Feeling the pinch in your wallet? It's not just you. Discover how the federal deficit translates into a 'hidden tax' that impacts your personal finances, especially if you're navigating the complexities of being a solopreneur or small business owner. In this insightful video, we delve deep into the economics of the federal deficit and its indirect effect on your income through inflation—a hidden tax that affects all of us. We break down how government spending, beyond its revenue, creates inflationary pressures that dilute your purchasing power, making it a critical issue for independent contractors, solopreneurs, and small business people. Chapter Timestamps: [00:00:21] Introduction: The Federal Deficit and You [00:01:14] How Government Spending Affects Personal Finances [00:02:25] Inflation as a Hidden Tax: What It Means for You [00:03:45] Breaking Down the Monetary Supply (M2) and Its Growth [00:06:25] Future Projections: The Growing Impact on Individual Purchasing Power [00:07:25] The Real Cost of Inflation on Your Earnings [00:09:50] Fiscal vs. Monetary Policy: Understanding the Difference Ready to shield your hard-earned money from the hidden tax of inflation and reduce your tax load? Book an appointment with a Tax Sherpa expert today and explore how we can help you save significantly on your taxes. Visit our website, https://taxsherpa.com/book-an-appointment and let's strategize the best path forward for your financial health. Spreadsheet: https://docs.google.com/spreadsheets/d/17pW45MtUR5uATv2zzZj6IwdGZuTfZHQdPWGgN2T9d0o/edit?usp=sharing Sources: https://www.cbo.gov/publication/59946#_idTextAnchor014 https://fred.stlouisfed.org/series/M2NS https://www.census.gov/data/tables/2023/demo/popproj/2023-summary-tables.html ... https://www.youtube.com/watch?v=uyilxaV243I

Learn how to use aave's stable coin lending platform with positive funding rates to create your own fractional reserve bank. #defi #aave #yieldfarming ... https://www.youtube.com/watch?v=OkICxJtavNg

See full post at https://peakd.com/hive-167922/@nealmcspadden/dec101-orb-promo-winner-2020-07-09 ... https://www.youtube.com/watch?v=EBQkkSY9taQ