Quoted from Reality_Studio:When you have a completely unregulated capitalist system those with the most money ultimately win, it's just how it works. Anytime any form of regulation gets brought up people scream to stop it, so this is the system we have as per what the people want. As for me inflation hasn't affected me although we did plan ahead by locking down a very low mortgage rate, no variable interest debt, electric cars, etc, and my business is entirely self run and purely online based so it still does well even in hard times.
I'll say this much though, I've lived in the USA for 25 years now and learned early on that it's a very different system than other countries. Most other places I lived in are setup for people but I find the USA is more setup for corporations. As such I setup an LLC about 18 years ago and run everything through that, legally of course. If I only gave people living in the USA one piece of advice it would be to live as a corporation, not as a person. This is far too large of a topic to get into on a forum but seriously, look into it and adjust how you operate to be a company, it will financially change things quite dramatically.
Can you offer any recommendations on reading material? Thanks