In memory of
Jared High

Government & The Subject of Money

The government is telling us that inflation is dead and the economy is robust, yet inflation numbers, as measured by the CPI, are at a nine year high and the global economy is in a meltdown.

The establishment is advising us to put all our saving and retirement assets into stocks and mutual funds and that gold is a bad investment. Yet gold is at a 20 year low ("buy low, sell high") and a much more prudent investment than stocks which are at their all time highs.

And many economist believe that everything attached to paper will be devalued drastically within the first few years of the 21st Century. We have not had an economic "correction" since 1933 and no one knows the true value of anything. When a collapse occurs everything will go back to zero and prices will be established in a ratio to gold or silver.

What might be the action that would cause the massively inflated financial balloon to finally see it's demise? 
 

  • A global cash crunch.
  • A U.S. cash crunch caused from Stock Market wild downward swings.
  • The Government's printing of 50 billion dollars of extra paper to prevent a runs on banks, (which has already been authorized).  A former head of the Bureau of Printing and Engraving said that "if all the presses ran twenty four hours a day, seven days a week they could not print more than twenty billion dollars".
  • Foreign Countries who don't know how to prepare for, or detect financial trends, let alone solve them. This is where there is some good news  for those who are prepared.

  •  

    The bottom line is that we have time to accumulate Gold and Silver before a collapse occurs. But consider this, people were warned about many calamities to come in Biblical days and many Economist have warned us of potential negative financial scenarios.  What we do for ourselves and our family from here on is now our responsibility.

     

    I would recommend reading; "The Making of America" which you can get on the Amazon link below. This book by W. Cleon Skousen, gives an excellent education on money and the Constitution.

     

    What is your share of the U.S. debt?

     

    Healthy Finances
     
    Preparedness 

      "'Now, I, the Lord, am not well pleased with the inhabitants of Zion, for there are idlers among them; and their children are also growing up in wickedness; they also seek not earnestly the riches of eternity, but their eyes are full of greediness.  'These things ought not to be, and must be done away from among them,' (D&C 68:31-32). We see evidence of many parents who overindulge their children without adding sufficient training about the value of work."     L. Tom Perry

       

    New Wealth 468.2

     

    Keep the BALANCE in your life!
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