By NOT saving money!
Savers are losers in this economy!
Let me explain:
- The rules of money were changed in 1971 when President Nixon broke the Bretton Woods agreement.
- This is what took the U.S. dollar off the gold standard!
- The rules of money changed as the U.S. dollar stopped being money (backed up by gold) and became an instrument of debt.
- After 1971, savers became losers!
Here’s the depressing truth:
Millions of people still believe that wealth is created by saving money.
- Millions try to cut back on their expenses to save money, while the federal government prints trillions of dollars, which destroys the purchasing power of your savings!
This is how it works:
Have you heard of Quantitative Easing?
What about QE1, QE2, QE3?
When Central Banks create money out of thin air they call it “quantitative easing.”
Why call it quantitative easing?
It’s simply a cover-up name to “printing money.”
It sounds more complex and interesting. It's a fantastic way to deceive
millions of people who will try to work harder and save even more while
this brings terrible inflationary effects to the economy.
Luckily the quantitative easing has temporarily stopped, but the result is this:
Your purchase power decreases as time goes by… and it's still falling fast!
- But… I have “millions” saved!
- Good for you!
- Better start investing your money on ASSETS!
- But… I’m making compounding interest on my investments!
- That’s not good enough!
- Are your compounding interest investments helping you feel more financially safe or not? Most likely not!
To answer your question:
You need to invest in assets to protect your wealth from the inflationary effects on your money! Assets that keep their intrinsic value over time like Real Estate.
A car is NOT an asset because it depreciates over time… unless its a 1962 Ferrari 250 GTO, which sold for a record $34.65 million dollars!