IN DEBT TO DEBT FOR EVERGREEN REAL ESTATE INVESTORS
The much ballyhooed Federal Committee meeting ended with a sullen and dejected Chairman Bernanke holding a press conference. The Fed committee decided that the unemployment projections for 2011 will be revised higher, the Fed’s operation twist will continue, the economic prospects are dismal, interest rates will be held to near zero levels, and possibly the Fed will consider “Policy Accommodation” to stimulate recovery.
Policy Accommodations is a euphemism for print and spend; the Fed would create dollars and buy mortgage backed securities to revive the housing and construction industries. The real inflation rate, which is approaching 13%, was not addressed.
The monetary economy that America has adopted is failing. The Federal Reserve is a failed institution. It is built on a Keynesian model of creating valueless dollars and spending your way into prosperity; it is based on a false premise, has never worked, is anti-intuitive, and uncommon sensical: it is non sense. Keynesian monetarism created money by creating debt. When the Fed lowers interest rates it is pumping worthless dollars into the economy and creating money by creating debt. So when a person, company, or government borrows the money the amount of money in the economy increases by the amount of the debt. The only value the money has is the promise of the debtor to repay the loan of this counterfeit money printed up by the Fed. The new money created is nothing more than debt. Instead of the dollar saying “This note is legal tender for all debts,” a more truthful declaration would be that, “this note is debt.”
So then America is not on the silver standard, nor the gold standard, but we are on the debt standard. Instead of having a wealth of gold or silver in Fort Knox we have a wealth of debt. Money is manufactured in America on the assembly line of debt in the Federal reserves dollar factory. The U.S. in the past mined silver and gold, now we mine debt out of the hearts and souls of our citizens. Even our children have become the “mother load of debt” with student loans. The American economy is in debtors prison, and the jailer is the Federal Reserve and the Federal Governments.
If Western Civilization is to survive, we will need to reject monetarism and return to capitalism and the free market that made us great.
The secret is that there is no secret – a thriving economy will solve all the other problems. A home is a hard asset and is historically the best investment in troubles times. Not only will you make money but also You can live in your investment, while you will enjoy special income tax treatment. We are MARK ENGLISH REAL ESTATE and are Your one stop shop for all Your EVERGREEN REAL ESTATE and CONIFER REAL ESTATE. We are also an EVERGREEN COLORADO CUSTOM HOME BUILDER and are looking forward to serving You with all Your Real Estate needs. Please, give us a call at 303-674-0148, Email us at markenglishrealestate@msn.com or visit us on the web at www.evergreencoloradoliving.com. Don’t forget to register for Your FREE BUYER INCENTIVES
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