Speak Out: Value of what you own
by our readers
Sep 23, 2013 | 1537 views |  0 comments | 25 25 recommendations | email to a friend | print
What strikes me curious is do any of you understand that with each $85 billion printed each month for the Federal Reserve to buy bonds that the value of what you own is diminished? It’s just another way to borrow money from thin air until payback time.

Since the U.S. government backs this money, it will lead to inflation at a point in the future. Just wondering why we are celebrating this as a good thing. Are we that stupidly ignorant as how this works? Just asking.

David Duncan
DeArmanville
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