As far as the whole issue goes,
how likely will this inflation carry on for?
I remember the 2008 financial crisis, which apparently crippled the economy , although if you ask me how, I do not know. I can't even say I struggled whilst this was happening.
what can we expect to happen? inflation never really gets beyond about 3 percent.
Hello
Via;
Good question. From where I stand I don't forecast the time frame of inflation and how long it will carry on for. Here's why.
I'm also in the mix of inflation and since America's fall of our market in 2008, our new home purchased in 2006 in Arizona went under big time!
We didn't know how to process this and it frustrated us so much that we quickly blamed the country's leaders.
After our
freak out we got a grip and then prayed that the Lord, who sees everything, would open our eyes and guide us through. As we prayed He guided us through this mortgage by hiring a property manager to rent our home out. This became a blessing and opportunity for the families who were seeking a reasonable place to rent.
Meantime, we were also residing in our 1st home paying our first mortgage.
How we were able to get past this financial crunch is beyond Hazel and me. We decided not to keep score on the inflation and by 2019 we sold our Arizona home, paying off both mortgages and put what was left in our savings.
Today is different. Inflation is hitting us from all sides on all four corners of the earth. But each day the Lord puts food on our table, provides our necessary utility expenses, gas, and watch our entertainment costs very carefully.
I wish things were not so tight as we are entering our golden years of retirement. But it was only 20 years ago after 911 that we had totally different social trends and financial difficulties. Still, the Lord got us past it.
Matthew 6:25-34,
25 “Therefore I tell you, do not be anxious about your life, what you will eat or what you will drink, nor about your body, what you will put on. Is not life more than food, and the body more than clothing? 26 Look at the birds of the air: they neither sow nor reap nor gather into barns, and yet your heavenly Father feeds them. Are you not of more value than they? 27 And which of you by being anxious can add a single hour to his span of life? 28 And why are you anxious about clothing? Consider the lilies of the field, how they grow: they neither toil nor spin, 29 yet I tell you, even Solomon in all his glory was not arrayed like one of these. 30 But if God so clothes the grass of the field, which today is alive and tomorrow is thrown into the oven, will he not much more clothe you, O you of little faith? 31 Therefore do not be anxious, saying, ‘What shall we eat?’ or ‘What shall we drink?’ or ‘What shall we wear?’ 32 For the Gentiles seek after all these things, and your heavenly Father knows that you need them all. 33 But seek first the kingdom of God and his righteousness, and all these things will be added to you.
34 “Therefore do not be anxious about tomorrow, for tomorrow will be anxious for itself. Sufficient for the day is its own trouble.
Let's all diligently pay heed to this passage.
It really works!