MONETIZING THE DEBT
We have all heard the term monetizing the debt, in reference to our huge 40 trillion dollar national debt. Although the term originally meant to establish something as legal tender, it has come to mean something far more insidious – printing vast sums of worthless dollars.
If we look at the historical record, we see that whenever a society started printing useless currency it resulted in hyper inflation. It’s as if You were mixing a can of frozen orange juice concentrate, and the directions called for 3 cans of water and we added 10 cans – we just diluted the power of the mix. When the money is diluted it will take far more to buy the same item. The dollar will have no value. The buying power of our money will be destroyed, so that your social security retirement check of $1500.00 will buy little more than a week of groceries – if that!
This new concept of spending ourselves into oblivion is planting the seeds of major problems down the road a year or two. But you can easily profit in a highly inflated market if you know the basics, and know how the system works.
Invest today in your financial freedom; give us a call at MARK ENGLISH REAL ESTATE and DISCOUNT MORTGAGE SERVICES and let’s put a plan in motion for your financial future. We are the one stop shop for all your EVERGREEN COLORADO REAL ESTATE needs. Whether a home of Your own, a RETIREMENT INVESTMENT, an EVERGREEN COLORADO HOME LOAN or an EVERGREEN COLORADO MORTGAGE REFINANCE call us at 303-674-0148, Email us at markenglishrealestate@msn.com , or visit us on the web at www.evergreencoloradoliving.com.
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