War

No matter what side or opinion you may take concerning the events in Ukraine and Russia in February 2022, the question remains: how does this affect me?

When a new threat appears, our financial thoughts turn to safety.  It is often said in Privatized Banking, we use the mutual insurance industry as our financial vehicle because it has survived everything history has thrown at it: Depression, inflation, stagflation, sovereign currency default, and…wars.

Certainly, there will be those who will attempt to ride the waves of volatility in the securities and commodity markets. Fear causes aberration in all human action. Simple things become luxuries and luxuries become irrelevant. Yes, there are opportunities in crisis, but also great losses. As the world has emerged twice from global war and numerous local conflicts and economic crashes, our institution has remained.

Is this just normalcy bias?  Let’s think about it. Was anything about the 20^th century  “normal”? World wars, worldwide depression, and the most radical changes in technology, communications, and society.  Amidst all that, in arguably the deadliest century in human history,  what we trust has never failed to meet its commitments.

If you have already committed a part of your future to Privatized Banking, review what you have learned, and rest easier.  If you have not done so, consider it as the only option that has survived every failure of government seen in the memories of everyone we’ve ever known.