Opinion On “Savers Stuck With Recovery Bill”

February 18th, 2012

If you’re investing in TIPS to preserve value, I hope you can eat ipods.

The current administration is committed to making America competitive again, what he didn’t tell you in the State of the Union is that they plan to do it by devaluing the currency while wages stagnate, giving all the extra $$$ to their buddies in the finance and green lobbies. Way to spread the wealth around.

Honestly, I think the safest bet for GranPa is to do what his GranPa did – stash silver and gold coins under the mattress, and hope the President’s men don’t come to get them (which, of course, they did to his GrandPa, but they shouldn’t actually need it this time). Wait… Did I just find something beneficial about a fiat currency?

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