On this episode of the Planned Solutions Incorporated Podcast, China may be following the pattern experienced by communist countries in the past. Rapid economic growth often leads to a redistribution of wealth, which is followed by government oppression, resulting in a purge of those who have come to embrace increased economic freedom. Should China repeat the mistakes of its predecessor communist governments it could have major implications for the global economy and multinational supply chains.

Also, Recent inflation data has been high but most economists expect it to moderate in the coming months. However, government spending on infrastructure has the potential to increase inflationary pressures or to increase consumer inflation expectations. When consumer inflation expectations increase there is often a corresponding increase in inflation creating an inflationary feedback loop.

And, Life insurance is an important financial planning tool that can be used for a variety of purposes to meet an individual’s or family’s financial planning goals. One type of policy that is often overlooked is a Second to Die policy in which the insurance proceeds are not paid out until the last insured passes. This can be a valuable tool for those who want to make sure their estate has ample liquidity to meet their estate plan needs.

Plus a look at the Planned Solutions Incorporated Office Bulletin Board- Don’t forget about the Harlan D. Wood Memorial Cancer Charity Golf Tournament that is scheduled for early September. Please mark your calendars if you will be able to attend.

Date: Friday, September 10th, 2021

Location: Rancho Murieta Country Club – North Course

7000 Alameda Drive

Rancho Murieta, CA 95683

Time: 12:30 pm shotgun start with a dinner to follow

All profits go to cancer research and education. You can help by attending the tournament or donating. Not golfing? Bring friends and attend the BBQ.

Chase Armer's book- Financial Planning Insights is now available at:

store.bookbaby.com/book/financial-…anning-insights

www.amazon.com/Financial-Plannin…1586894022&sr=8-1

To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail [email protected]

The Personal Finance Review is published and distributed on a biweekly basis by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action.

Planned Solutions, Inc.

ADDRESS: PHONE:

1130 Iron Point Road, Suite 170 (916) 361-0100

Folsom, CA 95630 (800) 750-2111

E-MAIL: FAX:

[email protected] (916) 361-0191

WEB SITE:

www.PlannedSolutions.com

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