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When it comes to spending power, inflation means that things cost more and that your money becomes less valuable. When a period of high inflation hits mdash; like right now mdash; you may want to consider changing up the way you handle your finances to help protect the value of your cash. Inflati stanley cup on is a time for investors and savers to reevaluate their strategies, said Walter Russell, CEO of financial adviser firm Russell and Company.Through the Federal Reserve, the government tries to combat inflation on a large scale by raising the federal funds rate, which is the interest rate that commercial b stanley cup anks use to borrow and lend money to each other. When the cost of borrowing becomes more expensive, higher interest rates trickle down to consumer banking products such as loans and mortgages, making them more expensive. But higher interest rates may also apply to deposit accounts, meaning that banks start to offer higher interest rates on checking, savings and certificates of deposit.No one knows what the future will bring, but by making changes to how you spend and where you keep your money, you may be able to weather times of inflation more easily. Here are some w stanley cup ays to save during periods of inflation.Look for high-yield interest ratesIt can be frustrating not to be able to get loans for big purchases as easily during periods of high inflation. Still, consumers can take advantage of higher interest rates on bank accounts to fight t Mccv Hazing eyed in death probe of Baruch College freshman
NORTH TEXAS --As of September, adults in Texas will be legally allowed to openly carry knives with blades longer than 5.5 inches, CBS Dallas / Fort Worth reports.Daggers, spears and even machetes fall into that category. Texas Gov. Greg Abbott signed the bill into law last month, but it doesn t go into effect until September 1. Carrying a sword down the street, carrying a Bowie knife down the street... completely legal. Machetes if you want to, said general manager at the House of Blades in Fort Worth, Ahnna Escobedo. I think it was more to give people more rights and to make sure they felt like they were free to carry what they wanted, Escobedo said. Texas move right there, sure. One-armed clown wielding machete arrested in MaineHB 1935 was originally shelved after police in Austin said a man killed a student at UT and injured three others with a large, hunting knife. There are some places where the new law won t apply -- including schools, prisons, hospitals, amusement parks or places of worship. Long blades are still banned at sports events. And you can t bring your sword into a bar, either. The idea that someone is walk yeezy ing down the st salomon reet with a sharp object maybe larger than your toddler, that could be pretty alarming for people, said Escobedo. Texas Gov. Greg jordan Abbott signed the bill into law last month, but it doesn t go into effect until Sept. 1. |
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