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Wednesday, August 15, 2012

''Five Reasons Why The Government Is Destroying The Dollar''

From GoldSeek
Daniel R. Amerman, CFA

''In this article we will take a holistic approach to how individual short term, medium and long term pressures all come together to leave the government with effectively no choice but to create a substantial rate of inflation that will steadily destroy the value of the dollar.

If you have savings, if you rely on a pension, if you are a retiree or Boomer with retirement accounts - any one of these five fundamental motivations is by itself a grave peril to your future standard of living. However, it is only when we put all five together and see how the motivations reinforce each other, that we can understand what the government has been and intends to continue doing, and then begin the search for personal solutions.''

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