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Do NOT save $, Hedge.

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Do NOT save $, Hedge. Empty Do NOT save $, Hedge.

Post by TruthSeeker Tue Sep 24, 2013 1:06 am

I watched over 1 hour of video - by that dude - Rich Dad Poor Dad.

Made some notes.

Lesson# 1 I learnt was - Lesson of saving is BS. 

To save $ is BS.

My best friend in US claims - Cash is king, having no faith in government.

I smile now.

Cash is nothing but paper.

That US government prints at will.

16.7 Trillion in deficit, and Obama continues to spend more than he earns, without a budget since 2009.

It is like running a household on no budget, have 16.7 Trillion on credit card debt, and have a free hand to print cash, to spend on whatever?

What is a paper called one $ worth then? 

In 1997, it could buy a gallon of oil, and now it costs me 4 times.

Now it costs me 36% more to buy the same food I used to buy in 2012?

If I save in $, I simply lose money.

Cash aint the king, its plain foolishness to keep.

Thoughts?

TruthSeeker

Posts : 1508
Join date : 2012-08-18

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