Inflation is here… maybe… even most likely stagflation. Most worrying is the fact that the biggest price rises are in items most of us cannot do without: energy and food.
An April 16, 2011 article in the Seattle Post entitled “Consumers feel the pinch of pricier gas and food” says (bolds are mine): Americans are paying more for food and gas, a trend that threatens to slow the economy at a crucial time.
So far, the spike in such necessities hasn’t stopped businesses from stepping up hiring or slowed factory production, which rose in March for the ninth straight month. Still, higher gas prices have led some economists to lower their forecasts for growth for the January-March quarter.
Consumer prices rose 0.5 percent last month, the Labor Department said Friday. Nearly all of the gains came from pricier gas and food.
When taking out those two volatile categories, core inflation was relatively flat. But at the same time, employees are only seeing small, if any, pay increases.
“People have less money to spend on goods other than food and energy and that is going to cause the expansion to slow,” said economist Joel Naroff of Naroff Economic Advisors.
One way to battle the rising cost of nutrition is to live in a country where food is cheap… plentiful and the quality is good… such as Ecuador.
This photo was taken by a recent reader who was traveling in Ecuador. See more Ecuador food photos by clicking here.
A reader responded to a recent article at our Ecuador Living site entitled Ecuador Food Photos and wrote:
Gary: Recently, I was in Ecuador for the International Living Conference, and Jean Marie was our guide for the Cotacachi and Coastal Real Estate Tour. In fact, I was the one who posed the question to the mayor of Urququi about how much time he had remaining in his administration and what assurance we had that his successors would follow his agricultural land sale program. However, my question here is in what village/city was this photograph (huge and varied fruit/vegetable selections) taken? These selections are just mind boggling. I would certainly consider living in this town given the selections and abundance of these health-enhancing foods.
Fruit and vegetables are crucial to my health (I cured myself of colon cancer without chemo by concentrating on fruits and vegetables). One morning in Cotacachi, I went around the block from your hotel to buy some fruits to gorge on. I bought 4 (Hawaiian-Solo type) papayas, 2 huge mangoes, 2 limes to squeeze over the papayas and about 12 bananas. I gave the plastic bag to the vendor, he took a moment to compute the price, and when he told me $1.50 for the lot, I almost fainted. I thought I was dreaming. This was absolutely too good.
When I returned home to Los Altos, CA, I went to a fruit/vegie stand and picked up a Hawaian-Solo papaya (from Hawaii, of course), noted that the price per pound was $2.69, weighed it @ 1.5 lbs. and computed it in my mind @ approx. $4.00 for this 1 piece of papaya. I immediately put the papaya back.
The above price comparison just speaks volumes for moving to Ecuador, in my humble opinion.
This reader expressed a fact that Merri and I have outlined many times. “Food is much better in Ecuador than in the US and incredibly inexpensive!
These food photos above were taken in Cuenca one of the two fastest growing areas in Ecuador. To help readers understand the fast changing pace in Ecuador I recently added a four part series on Cuenca. Read that series here.
Another really fast expanding part of Ecuador (with incredible seafood) is Bahia on Ecuador coast.
Join Merri and me in a one year program to learn how to prosper from the forces that create inflation. See below how to be with us in person all the upcoming year.
Prosper From Forces of Inflation
Join Merri and me as we look at ways to prosper from the forces of inflation.
International Club 2011-12 Membership special until May 7, 2011 $1,499. Enroll here.
Inflation is here and the US dollar will fall. This fact is conformed in an April 12, 2011 Wall Street Journal article by Cynthia Lin “Inflation Concerns Weigh on Treasurys”. Here is an excerpt: Worries that the central bank may be falling behind the curve on inflation weighed on U.S. Treasurys on Monday, even after a senior Federal Reserve official signaled that interest rates could stay low for longer.
The prospect of $66 billion of note and bond auctions also dragged prices lower, strategists said.
“The bottom line is that the current perception has subtly shifted toward the view that global central banks are in monetary tightening mode,” said Andrew Wilkinson, senior market analyst at Interactive Brokers. “Even though the Fed appears to be nowhere near that point, U.S. yields have been dragged higher by surrounding fears of inflation.”
Highlighting those fears, the 10-year breakeven rate—which measures the difference between 10-year Treasurys Inflation Protected Securities, or TIPs, and nominal rates—hit 2.655% on Monday, the highest since May 2006. That signals the market’s annual inflation expectation over the next decade.
As other central banks begin to tighten—including the European Central Bank, which raised rates by 0.25 percentage point Thursday—the fear that U.S. officials may be lowering their guard against global inflation has been a headache for bondholders. It has been especially troubling for investors holding 30-year bonds, those most vulnerable to inflation eroding their value.
Government bonds were also under pressure from the prospect of supply.
The Treasury is scheduled to sell $66 billion in notes and bonds this week, comprising $32 billion in three-year notes, $21 billion in 10-year notes and $13 billion in 30-year bonds.
With a government shutdown averted, “the focus is back on how well these auctions will go and who will participate in the face of what appears to be future inflation,” said Kevin Giddis, president of fixed-income capital markets at Morgan Keegan.
Still, the policy debate underscores an increasing focus on inflation.
This means that while the US government continues to borrow to spend, other governments are cutting back… a sure sign of US inflation and a weakening greenback.
We consider this risk so high that we have taken the unusual step (the first time in our 43 years of business) of setting our 2012 Spring schedule.Then we created a new option so you can participate in all these seminars and course into 2012.
There are five ways to combat the destructive inflationary forces that will raise havoc with your purchasing power.
#1: Multi Currency Investing through US brokers and bankers abroad.
#3: Real estate.
#4: Living in lower cost zones.
#5: Having your own micro business for extra earnings, freedom fulfillment and fun.
We have specialized for over four decades in helping our readers excel in these five inflation beating opportunities.
The big benefits of belonging to the International Club is the power of repetition, updates and international friendships. As a club member you become friends with other members as you meet again and again.
International Club members are invited to our Florida home during the winter seminars.
Your first savings is $7,690 in 2011 and 2012 just on waived seminar fees.
As you will see below you can attend 11 Florida & North Carolina seminars that would otherwise cost $9,189. The $1,499 membership saves you $7,690.
Join us and our International Club 2011 – Spring 2012 and enjoy this savings plus much more.
The International Club brings together experienced, like minded souls, who take a positive view and think outside the box..in a constructive…thoughtful way.
Merri and I are in our 43rd year of organizing courses, seminars and newsletters about international and quantum lifestyles. The importance of this sharing…by like minded souls…was reinforced when a delegate from a course sent an email that said:
My Dearest Merri and Gary, Thank you for your most gracious hospitality last weekend. I am just thrilled at being a part of your group. You and Gary were exactly as I imagined you to be, warm friendly, kind, considerate, genuine, helpful, fun, sincere, what else can I say……I felt so comfortable in your presence and learned so much in your course. I was sad to leave the farm that Sunday afternoon. You made us all feel so welcome and cared about. You were so kind to make arrangements for a ride with the other delegates from the Charlotte airport. They were so nice to me and so helpful, by the time the weekend was over I felt like they were my long lost brothers. Monday morning we all had breakfast at the airport together and I was so sad to see them go, I was sad the weekend was over, perhaps sad is not the right word for how I was feeling perhaps Gratitude is a better way to describe it. Grateful for having the opportunity to share the weekend with such wonderful, like minded Human Beings, in the beautiful mountains of North Carolina. Thank you Merri and Gary.
Thanks to you I now have new hope and a new direction to move forward in my life. Thanks to you I am so ready to move to Ecuador and begin a new life. I just have to figure out what I am going to do and how to do it.
I know by attending your classes and conferences that through education and due diligence I will make the right choices.
This delegate’s comments about “belonging and feeling like a brother” to the other delegates is a wonderful refrain we have heard from our readers, year after year.
21 years ago Merri and I created a way that readers can join us to be immersed in a year-long learning program through our International Club.
The ideas behind this program began all those years ago in Vienna, Austria while we were conducting a course there. One of our older delegates, had some sort of attack. The first fear was heart trouble. Several delegates took him to the hospital. Others stayed with him there. I don’t think that delegate was alone for a minute!
What impressed Merri and me was that no one asked the delegates to help this man.
The friendships of delegates sharing many courses had just grown so strong that it was a natural reaction, just as if a family member was ill. Fortunately, it was only travel fatigue and the delegate didn’t miss a session of the course!
When you join our International Club 2011- Spring 2012 you become part of a special family. The very first member to join the club all those years ago wrote, Thank you for the enjoyable and informative courses. I am pleased to be part of your international family and look forward to continuing my education at the next course.
His feeling struck a familiar chord. It has always been one of my greatest satisfactions to see how much fun delegates have getting together, sharing information and making friendships.
These courses somehow draw together like-minded souls. For this reason some delegates come back again and again. They come to learn, but also to be with their many friends made at the courses. When like-minded souls get together again and again to discuss a common purpose, magic happens! I can’t explain it in any other way-but it is true.
In a way our meetings are almost like family reunions. Perhaps it is getting together and reflecting on what has been said and what has been happening.
Learning with those who are also interested in the world creates thoughts that multiply the value of what we gain. This is hard to describe but results are most powerful and wonderful! This is to me is as important as the great financial benefit of attending many of our courses.
See our 2011 – Spring 2012 schedule below.
We started and have continued this program for 21 years because there are wonderful benefits from having repeat delegates at courses. Having repeat delegates makes the whole course somehow more exciting for all. Being a repeat delegate makes it easier to make and keep wealth and to lock in the knowledge you gain. It’s an exciting lifestyle. We have fun, gain adventure, discovery and friendships and share ways to improve our health and wealth!
Normally we only accept membership at the end of each year… but due to the unusual risk we see now, we added this new option to club membership that entitles you to all US courses in 2011 and the Spring of 2012… in the cool Blue Ridge of North Carolina and in Historic Old Florida.
The next saving is Seminars via MP3 (or disc) and one Ecuador tour fee is waived as well.
You’ll see a very busy 12 month schedule below. Very few club members actually attend every course and tour… but certainly some attend almost all of them!
If you attend even a few of the courses, you gain considerable savings… PLUS we record the investing and business seminars so you can have the course downloaded on your computer to listen on MP3 or on disc when you cannot attend in person.
This means that you stay in touch with all the business and investing ideas we develop at each of the investing and business seminars you cannot attend.
Here are the courses and tours where your seminar or tour fee is waived. Then see more savings below.
May 7-8 Imbabura Real Estate Tour ($499 or couple $749)
May 9-10 Shamanic Mingo Tour ($499 or couple $749)
May 12-13-14 Cuenca Real Estate Tour ($499 or couple $749)
May 17-18-19 Coastal Real Estate Tour ($499 or couple $749)
June 24-25, 2011 International Investing Made EZ, Jefferson NC. ($499 or couple $749)
June 25-26, 2011 International Business Made EZ, Jefferson NC. ($499 or couple $749)
International Club members are invited to our farm during June, September and October seminars in North Carolina.
June 16-17-18 Coastal Real Estate Tour ($499 or couple $749)
Sept. 8-11 Learn Spanish in 4 Days, Seattle, Washington ($749 or couple $999)
Sept 15-16-17 Coastal Real Estate Tour ($499 or couple $749)
September 23-24-25, 2011 Investing & Business Beyond Logic, North Carolina with Blaine Watson ($499 or couple $699)
(Blaine Watson teaching delegates and International Club members at a previous seminar.)
Oct. 7-8, 2011 International Investing Made EZ, Jefferson, NC. ($499 or couple $749)
Oct. 8-9, 2011 International Business Made EZ , Jefferson, NC. ($499 or couple $749)
November 3-6, 2011 Learn Spanish in 4 Days, Mt. Dora, Florida ($749 or couple $999)
January 12-15, 2012 Super Thinking + Spanish, Mt. Dora Florida ($749 or couple $999)
Feb. 10-11, 2012 International Investing Made EZ. Mt. Dora FL ($499 or couple $749)
Feb.11-12, 2012 International Business Made EZ, Mt. Dora FL ($499 or couple $749)
March 8-11, 2012 Super Thinking + Spanish, Mt. Dora Florida ($749 or couple $999)
Schedule subject to change. Always check final schedule at www.GaryAScott.com/catalog
International Club 2011 Membership $1,499. Enroll here
There is even a third saving: $897 more!
When you join the club, I’ll email you our online course “International Business Made EZ”, a $299 value, plus four bonuses. You receive the bonus course “Self Fulfilled – How to be a Self Publisher”. which also has a $299 value.
Plus I email you the bonus course “Tangled Web – How to Have Your Own Web Based Business” which also has a $299 value. Because our self publishing business has become totally online, I am send you this extra course free as I think it will help you have greater success.
In addition you’ll receive the 52 lesson course on how to create your own website using sitesell and finally I include an internet video on how to set up a website presented by our webmaster David Cross.
These courses are valued at $897… in addition to all the US seminars you can attend.
You may well wonder why I would make such an offer and ask why the cost is so low?
Let me answer this question frankly and from the heart. First, it helps us do a better job for you. We feel greatly enriched when we can really help our clients improve their lives. We have learned through years of experience the best way to do this is to meet with you regularly. We can best help you learn how to improve your health and wealth through continual expansion of knowledge.
Second, we gain enormous fulfillment from the many friendships we form through the years. Our friends have enriched our lives tremendously. Let me explain this in more detail.
As a member, you will be part of our international family that meets intensively over the next year to examine ways we can make our lives better. Our goal is beyond just having money. Our goal is to have quantum wealth… good health… wealth and fulfillment through service.
Though we give all course delegates our very best, we cannot help but to do a better job for those who come again and again. As we meet often; your particular wants, needs and desires become clear, and it is easier for us to help you find the right direction.
Another phenomenon is that repeat delegates help each other! They get to know one another, help each other learn, share their insights, make contacts, become friends and gain more wealth.
The fourth savings: Lifestyle for Two.
There is still more!
We have learned at our courses that many repeat delegates were couples.
We want couples! As a member of the program, you are entitled to bring another person to every single course or tour. The cost for that extra person will be ZERO! You can bring whomever you wish. Bring your spouse, a friend, son or daughter, partner, accountant, adviser. You can bring the same person each time or a different person, whomever you choose to accompany you. (Accommodations and air fares relating to the courses are not included for members, delegates or their guests.)
Won’t you join us in this exciting club and share Merri’s and my lifestyle for the next year?
We look forward to seeing you at as many courses as possible and sharing this wonderful world of abundance and well being with you!
The fifth savings: You gain Ecuador tour savings as a member of the International Club.
International Club members can benefit in Ecuador in the mountains or…
on the sea. Delegates and International Club members on tour at Land of the Sun Inn.
View shot by an International Club member of real estate for sale on an Ecuador Pacific real estate tour.
The International Club offers this benefit… as a gift in Ecuador from the organizers of Ecuador Discovery Tours.
The International Club fee is normally $1,799 yet during this Spring offer which ends May 7, I have reduce membership to $1,499. You save $300 more.
Take for example if you plan to attend our Super Thinking + Spanish, $999 for a couple and one International Investing and Business program, the normal cost would be $1,998. International Club members attending just these two programs would already save… plus could attend all the other Florida and North Carolina seminars plus receive $897 worth of emailed courses.
Our seminars and the Ecuador tour schedule is shown above. You can attend all the Florida and North Carolina seminars and choose to accept an Ecuador’s savings. Morya Ecuador Discovery SA has agreed to let International Club members attend one Ecuador tour in the schedule above for just $40 per person per day internal transportation cost.
This is a savings of up to $599.
I invite you to be a member of the International Club which allows you and your guest of your choice to attend all of these courses and tours.
Savings #6: YOU SAVE EVEN MORE if you take a Galapagos Cruise.
We work closely with Haugan Travel which have expanded their fleet so club members can enjoy a Galapagos cruise for as little as $509 per person.
Haugan Cruises has added three new vessels so they have a broader range of cruises to suit all budgets. They now have 5 vessels and are offering several special introductory tours. This creates special savings up to $1,000 for all our readers and provides club members an extra savings of up to $554 more…. a total of $1,554 saved.
Savings #7: Membership is normally $1,799 – save $300 more. International Club 2011-12 Membership $1,499 until May 7.
Add all the savings together!
You can calculate the savings as our schedule of all 2011 courses.
Florida & North Carolina seminars you can attend or receive in an MP3 file worth $9,189.
emailed courses sent to you worth $897.
Ecuador Tour Savings up to $599.
$300 membership discount until May 7, 2011.
Total Savings from your $1,499 club membership fee.
You Gain $10,985 of benefit for just $1,499.
Plus more if you take a Galapagos Cruise.
Lock in savings!
Here is one final benefit. When you enroll… we automatically lock in this low fee for next year so your savings are automatically renewed in 2012 and 2013 at $1,499. Of course if you choose not to renew, just simply cancel membership at no cost.
Let’s beat inflation. Won’t you join us in this exciting club and share Merri’s and my lifestyle for the next year? We look forward to seeing you at as many courses as possible and sharing this wonderful world of abundance and well being with you!
International Club 2011-12 Membership $1,499. Enroll here.
Read more about food inflation at Seattle Post article”Consumers feel the pinch of pricier gas and food