Tuesday, November 08, 2016

Investing Through The Looking Glass:
The Challenge To Preserve Your Wealth 
From The Central Bank's Debauchery Of Their Money
(which was supposed to be your money)
a 4* 'novel' approach to advertise his new book
"We have no choice but to use government money. U.S. banknotes, for example, technically Federal Reserve Notes, bear the wording 'This note is legal tender for all debts, public and private'. No other form of money is accorded that status. As savers and investors we are thus forced to play an inflationary game not of our own making, using rules designed by politicians and the banking lobby to dispossess us of our true wealth. The latest iteration of this long con is the currency depreciation that comes with quantitative easing (a polite term for money printing), the sole purpose of which is to refloat a sunk banking sector by instilling illusory faith in the buoyancy of asset prices. As the British economist John Maynard Keynes said, the process of currency debauchery 'engages all the hidden forces of economic law on the side of destruction and does it in a manner which not one man in a million is able to diagnose.'"
- Tim Price
LINK HERE to get his latest missive in PDF

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