Why does the Federal Reserve want so desperately to lower rates? It’s about servicing the debt. The United States has rapidly run up its debt load, and refinancing all that debt at high rates will be difficult to pay for. So even if it means additional inflation, the Federal Reserve plans to lower rates.
Action Line: The value of the dollar has been ignored by American politicians completely since the 1970s, and before that, it had been eroded since the days of Woodrow Wilson. America desperately needs a return to the gold standard, but that doesn’t appear imminent. Don’t just stand and watch as the value of your dollars is eroded. Plan accordingly with your investments. When you want help, I’m here. In the meantime, click here to subscribe to my free monthly Survive & Thrive letter.
E.J. Smith - Your Survival Guy
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