FED QE1 AND QE2 IS JUST A NEW TAX AT THE GROCERY STORE AND GAS STATION FOR FAMILIES ON EVERGREEN COLORADO REAL ESTATE
The Fed’s policy of creating fiat money has driven up Wall Street speculation, inflating the Dow Jones, but it is also crippling lower income American families and seniors on fixed incomes. The Fed has printed over two trillion dollars and dumped it into the US and global economies. Increasing the money supply beyond economic growth always causes inflation, and the costs are always greater than the benefits.
For every dollar the Fed prints the society will pay hundreds of dollars in increased prices; and the increases never stop but continue to keep taxing away your income and assets as long as the prices remain high. In just one year since the Fed began its inflation tax cotton is up 170%, oil is up over 40%, food is up almost 20%, and meat is also up 20% as a result of the fed’s destructive monetary policy.
Meanwhile, income for the median family in down about 16% as America continues to bleed out jobs, home equity is approaching 20 year lows, and the dollar is increasingly rejected as payment for commodities in foreign markets.
Inflation is a necessary result of a vacuous monetary economy. When a country moves from a capitalistic economy to a monetary economy inflation and a continuing devaluing of the currency always quickly follows.
It’s easy to understand the insidious effects of creating worthless money. Let’s say you owned 100 shares of IBM stock and IBM just printed another 100 stocks and sold them off; immediately your stock is worth half as much. It’s the same with money. If you have $1,000.00 dollars in your savings or 401 (k) and the Fed prints another $1,000.00 your savings are immediately worth far less. Now that your money is worth less the grocer wants more to cover your grocery bill, more for the gas bill, and more for the clothing bill etc.
Of course, the government benefits from inflation because they can now spend more money and pay it off with inflates dollars without increasing taxes; but they are doubling and tripling the inflation tax. Most people don’t understand the connection between higher costs and government monetary policy. So the government continues to perpetrate the lie that inflation is not a new tax on working families.
As long as the American voter keeps voting for big government state and federal politicians they will need to work harder and harder to pay for the big government they love so well.
Let’s return to good old fashioned American ingenuity and thriftiness, and use what resources you have left to protect yourself and your financial future from the government. A home is a hard asset and is historically the best investment in difficult times. Not only will you make money but You can live in your investment, while you will enjoy special income tax treatment. We are MARK ENGLISH REAL ESTATE and are Your one stop shop for all Your EVERGREEN COLORADO REAL ESTATE and CONIFER COLORADO REAL ESTATE. We are also an EVERGREEN COLORADO CUSTOM HOME BUILDER and are looking forward to serving You with all Your Real Estate needs. Please, give us a call at 303-674-0148, Email us at markenglishrealestate@msn.com or visit us on the web at www.evergreencoloradoliving.com . Don’t forget to register for Your FREE BUYER INCENTIVES.