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Want Some Wealth?
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08-31-2011, 03:09 AM
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TeveVikep
Join Date
Oct 2005
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483
Senior Member
Want Some Wealth?
Stop devaluing the dollar. The only people who are NOT affected by a diminished dollar, by and large, are the big boys. The investment class. But the rest of us are getting burned. Your fuel costs more, your food costs more, your housing costs more. Your savings are worth less.
So how is the dollar devalued? Primarily by the FED keeping interest rates artificially low, trying to stimulate that famous "consumer demand", and by monetizing our federal debt. Your government has been making you poorer for decades. The pattern will continue, unless you do something about it. Drastic and immediate change is necessary. It is imperative.
Liberals are not incorrect about the transfer of wealth to the megarich in recent decades. They are simply incorrect about how it occurs. It occurs because of government. BIG government.
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