Biden economy

Making money in the Biden economy is not fundamentally different from making money in the Trump economy. All you have to do is sell goods for profit. 

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To make money in the American economy, you must sell goods for profit. 

Let's examine all the elements above one by one. Let's review the following concepts: to make; money; American; economy; must; sell; goods; and profit. 

    -To make is a transitive verb. It entails taking action to create a result. That tells you that unless you take action, some sort of action, you will not make money.

    -Money is a human technology (tool and method) for economic valuation, payment, and storage of value.

    -American is the gerund that refers to the United States of America.

    -Economy is the sum of all trade or exchange of goods.

    -Goods are either products or services.

    -Profit is the positive difference between your production cost and your revenue.

If you want to make money, you have to trade goods (products or services) for profit.

For profits, remember this expression: V > P > C where V stands for unit value; P stands for unit price; and C stands for unit cost. For you to be profitable, the value that your goods represent to your customers must be greater than the unit price they pay, which must be greater than your unit cost. 

The current economy is like one we have never ever seen in our history. The "Biden Economy" is unique. It is the first time in our history when we are facing the numbers we are seeing today. Inflation is at record high; gross domestic product (GDP) has contracted for two consecutive quarters; yet the economy is adding jobs at a record pace; and wages are increasing. Interest rates are on the rise.

Everyone is afraid of inflation yet everyone seems to keep spending and expanding like crazy. It's like being afraid of gaining weight while indulging in an all you can eat buffet consuming more and more. People are saying that the restaurant may close soon and/or that food may become more expensive, so folks keep eating more and more. 

What will happen next is yet to be seen. We are in uncharted territory. Nonetheless, the money making formula of buying low and selling high will never change. To make money in this unique Biden economy you must trade goods for profit. There is no other way. 

Food for thought. What do you think?