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posted on:
6/24/2012 7:34:57 AM EST
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The 30 Day Money Challenge – You Can Save Money gold income savings money printing government
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Let me start out by saying to please read this entire article so that you can see if you have what it takes to save money with the Money Challenge. Now, I am not talking about just any Money. I am talking about Real Money.
Americans are know to be spenders, not savers,compared to Europeans.To add to the problem ,Savings Accounts interest rates are getting closer to Zero!
By Blaze Bullock, Deseret News
Published Wednesday Feb 1, 2012 pm MST
“The Federal Reserve announced last week its plan to keep short-term interest rates close to zero until 2014. This might result in lower interest rates on bank accounts, according to Smart Money.”
So, we are talking about fiat currency (paper money) that is debasing, loosing it’s purchasing power. This is happening Globally, not just here in the United States. So, you now know, if you did not already,that fiat currency is paper money and that paper money, if not backed by hard assets, such as silver,gold etc., and governments keep printing money, all they are doing is printing more Debt, because that paper is backed by NOTHING. Here in the USA in 1971 President Nixon ..continue reading here: kbgoldassets.com/?p=309
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 | | Well put joseph. Great blog and explaination of the declining dollar. |
| | |  | | Masz racje Józef,caly swiat ma ten sam problem |
| | |  | | Couldn't agree more Joseph, great blog, have a great day and GO IBO |
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