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Financial Advisor, GTA, Ontario, Canada
Investment, Insurance, Tax & Estate Planning

Wednesday, February 9, 2011

Steve Forbes: If printing money was the way to wealth then we should legalize counterfeiting

If printing money was the way to wealth then we should legalize counterfeiting , but the government does not like competition that's way Peter Schiff added . On the Peter Schiff Show, Steve Forbes declared: "If printing money was the way to wealth, then we should legalize counterfeiting"

2011 – The year when money starts to die

Many of us recognise the government debt bubble, which ensures that today’s rulers are relieved by the artificially low cost of their debt.  But most of us are unaware of the other bubble, that of the value of money, which is also held up at artificially high levels.  The money bubble is inflating primarily in quantity rather than price, making it easier to deceive the public. There is also a fundamental difference from the usual bubbles, which end with a collapse while money’s value is unaffected: in this dual bubble both  debt and money will eventually collapse together; the former as nominal yields rise and the latter being reflected in rising precious metal prices.

Shocking Video: Man Politely Robs Washington Store

A sign of things to come during hyperinflation. A man politely robs a convenient store. He has since been identified and arrested after police received tips from this surveillance video.