“Jim Rogers is hardly on the left because he was Soros partner 30 years ago. If anything, he seems to think that all politicians are crooks, which they basically are. The dollar is headed lower, and has been falling for years. Our government has pursued a policy that will continue to push it lower. There is nothing wrong with making money off if that. In fact, making money is the American way.”
The Banksters and Corporate A$$Hats have conspired to devalue the dollar and already succeeded in halving it’s value. Those scum have been in a place to make money on their gambit while effectively stealing half the saving, earning power and property of the middle class.. In a just society they would be arrested, convicted and imprisoned.
If Bin Hudda had done to the England what that Soros Character tried to do we would known he was the enemy and prevented it.. But we call Soros a businessman? He stole from the entire British People and they are not the first.
How am I wrong?
The majority of Americans have no way to participate in any benefit of such devaluations nor any practical means to defend against it. That means of what they do and they will earn have already half has been stolen. No different than if someone had taken their wallet and taken out half the cash in it.
If you have savings cut the value of it in half.. That in the world is what this monetary policy has really done.
There is just nothing “American” about doing that to the majority of Americans.
W
What can the average investor do? Stop believing the government’s b.s inflation numbers for one. Buy oil, cotton, sugar, buy foreign companies that make real things, buy US companies that have a lot of sales over seas, buy real things. Buy commodities, which is what Rogers has been saying for nearly 10 years. We all know that the government is going to try to print tons of money, what do you think this last ridiculous rate cut was? The Fed with the encouragement of the government is going to print money to pay for the war, pay for entitlements, pay for social security, and bail the banks out of the mortgage mess.