You're not diligent when it come to build and well.

You're everything but you're impatient, you're emotional,

you're unintelligent, and I'm not saying that to speak badly of you.

We got to increase our intelligence on finances so that we can pivot from being wicked and

slawful to abundant and prosperous. So the rate hikes they represent. What do

they represent? The cost of money being borrowed point

blank period this is what rate heights matter this is why they matter because the

rates represent the cost of money.

This is important.

Listen to me, listen to me well.

All right, let's go a little further.

From that, who's borrowing the money?

So remember, why do rates matter?

Why do rates matter?

Not heights. Why do rates matter? Why do rates matter? Not heights? Why do rates matter? Because this is the

cost of borrowing money. Everywhere. Who's borrowing the money? Companies, the government, and individuals.

Companies through loans for new factories, governments through bonds, and individuals through mortgages and houses.

This is important for me. The next, rates, raising

interest rates equals its more now expensive to borrow money. So if it becomes

more expensive to borrow money, who does that essentially fall on at the end of the day?

The consumer.

Why? Because companies are going to cost a lot for them to borrow money, but what they're going to do?

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