One of my the major purpose that I’ve set for myself during my seminars has always been to educate the public on the importance to look out for Money Predators. And one of the biggest Money Predator that’s going to steal the money out of your pocket while you are sleeping is Hyperinflation. I usually end my seminar by elaborating more on the statement made by Datuk Seri Idris Jala from the Prime Minister’s Department that Malaysia will go bankrupt by 2019 if it does not cut subsidies and rein in borrowings. In fact, in my post yesterday, I was blogging about that if a country goes bankrupt, the value of money will go down, down, down! (You can read more about that particular post by clicking here)

It Has Begun

You will have to spend more for your living and in time to come, we will no longer face with inflation, but Hyperinflation. Guess what? Signs are showing.. The Government has already taken the move to start cutting subsidies for sugar, petrol, diesel and liquefield petroleum gas (LPG). “The government has made a difficult but bold decision,” a statement from the Prime Minister’s Office said yesterday.

New Prices of Fuel & Sugar After Subsidy Cuts

Projected Price Changes for Common Items Following Rationalisation of Fuel Subsidies.
Well, it’s staying at a minimal impact for now. I’m guessing when is the next time round though. Remember, this is just a beginning.

Before Midnight Strikes
Motorists flocking to a petrol station to fill their tanks hours before the new prices for RON 95 and diesel are to be implemented

Protect and Profit

Like it or not, the storm is coming, a financial turbulence of the new era in which most people’s income will remain stagnant while inflation will skyrocket. While most people are waiting for the government to do something about it, I find that a totally waste of time. Rather than waiting for the financial system to change, for the political leaders to change, I prefer to change myself first.

If you want to financially change your life, you must always seek to increase your Wealth Intelligence. You must learn the strategies taken by the rich to prepare, protect and prosper in times of turbulence. I believe that the greatest investment opportunity in history is knocking on the door. It’s up to you to open that door, or not.

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