|
| Yes, savings in currency has been destroyed and so people have fewer options for true storage of wealth. People are forced into the stock market to try to maintain a level of currency increase that offsets the destruction of the currency value each year. People can't explain why they are in the stock market, all they know is they must have their life's work stored in a casino.
The currency value is constantly being destroyed. This is done by the people who manage it. Yes, we have people doing this, just no one ever talks about it. We don't have free markets and capitalism when an unelected, unaccountable group sets the price of capital by managing cost of debt. Just today I read the Bank of England lowered interest rates. This is not capitalism, this is central planning.
The currency is constantly being destroyed in value. Also known as inflation.
You can save your life's work and not have it in the casino. Land and real estate are a demonstration of where to convert currency into a savings mechanism.
People without ability to buy something large like a second property can still buy gold and keep it at home. It will adjust for currency destruction and is not taxed like land every year.
When people say Trump is destroying the currency and the reserve status - umm no, that has been going on for 50 years so it is very strange someone would actually even say such a thing. People buying land faster and faster is proof of this, the currency is being dumped at a faster pace.
We don't have savings anymore because the central planners have designed it to be so. Having your life's savings in a casino has never been sound retirement planning however it is accepted as a cornerstone of life now. But it does not have to be this way. Not if we had a properly operating financial system, one not meant to steal your life's work via currency value destruction.
Among such things as "the debt does not matter", and "we can inflate our way out of debt", we also get "the debt will stimulate the economy". Yet there is no evidence of that at all. Yet people still repeat it as fact.
For the record, the debt matters because that is the main tool for expanding currency supply and therefore stealing your savings.
 (TCMDO-24.jpg)
Attachments
----------------
 TCMDO-24.jpg (50KB - 16 downloads)
| |
|
Gold on a tear post. Just a thought.
