Sari M Wardani
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Kemaren di acara pertemuan bulanan komunitas kita FP Club rekan Tita, RFP sharing keberhasilan dia closing nasabah dg menggunakan concept Rule 72.
Ini dia :
Rule 72, spoken by Mehdi Fakarzadeh of Iran during the APLICn remind us abt The Economic cycle.
Inflation and recession are recuring phases of a continuous economic cycle. Expert work hard to predict their timing and control the effects.
Inflation occurs when prices rises because there's too much money in circulation and not enough goods and services to spend it on.
When prices go higher than people can-or will-pay,demand decreases and downturn begins.
Modern economies don't let the economic cycle run unchechecked, because the consequences could be a major worldwide depression like the one that followed the stock market crash of 1929.
In a depression,money is so tight that the economy virtually grinds to a halt, unemployment escalates,business collapse and the general mood is grim.
Instead , government and central banks change their monetary policy to affect what's happening in the economy.
In a recession, the Fed can create a new money to make borrowing easier. As the economy picks up, seller sense rising demands for their products or services and begin to raise prices.That's inflation.
The rule of 72,is reliable guide to the impact of inflation.Its based on dividing 72 by the annual inflation rate to find out the number of years it will take prices to double.Example ,when inflation is at 10%,prices will double in 7 years. And when its 4% they will double in 18years.(>: Wallstreet journal).
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