Wednesday, November 11, 2009

Why Are You Sitting in Cash?

The Treasury Department and the Federal Reserve with help from Congress and the White House is making something very, very clear. They are going to devalue the American dollar through the printing of money, maintaining excessively low interest rates and out of control government spending.
If you are sitting on excess cash and that cash is in US Dollars, I feel like you have been warned. Those dollars will be worth substantially less in the future than they are now.
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