At that rate of 2% per year for 20 years, we’d encounter a 50% increase in the price level. What does that mean for customers? In 20 years, 2032, you'd spend $150 to buy exactly the same products or services that will cost you $100 now in 2012. That’ll be the fundamental influence of a dollar that's worth one-third of its present day worth.
For some cause, the Fed believes this monetary manipulation will increase employment numbers. Nevertheless, if that hasn’t worked for the previous 40 years, why would it function now?
From November 2010 through June 2011, the Fed attempted to jumpstart financial growth by injecting $600 billion in Treasury securities in to the banking method and maintaining interest rates historically low. All that did was slow the annual rate of growth from 3.4% to a miserly 1% from the first half of 2011. How High Will Silver Go? Learn More >> http://www.silver-
As soon as the Fed stopped interfering, financial growth climbed back as much as a 2.3% annual rate from the second half of the year.
We loathe becoming the bearer of bad news, but there’s more. Large banks are also contributing to fiscal woes by demanding the right to issue unfavorable yield bonds. Yes, that means you'd have the good fortune of paying the “too large to fail” banks cash in turn for their thoughtful offer to hold onto your bond-money for you personally.
The image is clear: the Fed merely does not have the options the American individuals are searching for. Furthermore, it is evident that the dollar will by no means be just like gold providing that the Fed’s in control. We can imagine that you will not be surprised to learn that the prices of gold and silver will be rising dramatically soon. Our professional recommendation is to buy gold and buy silver now. Rare Coins, Silver Coins, Gold Coins >> http://silver-