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To: wgmalabama

Even if he only was left with ONE BILLION.

He could put that into a CD or a savings account with zero risk and even at a paltry 3% return earn, $30 million a year in interest alone, without ever touching the original $1 billion.

If your lifestyle is burning through more than $30 million a year, it’s time to reevaluate your choices.


13 posted on 01/25/2023 6:11:13 AM PST by TexasFreeper2009
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To: TexasFreeper2009

OOOOOOOOOOOOOOOO I read that wrong, I thought it said $200 billion!

LMAO

never mind, too early, need more coffee


14 posted on 01/25/2023 6:12:20 AM PST by TexasFreeper2009
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To: TexasFreeper2009
The 1980's method of calculating CPI (see Shadowstats) and the Chapwood index both put real inflation in the U.S. at about 14%

This means that a 3% savings account would lose (roughly) 11% in buying power every year

It's time to leave the dollar.

20 posted on 01/25/2023 6:36:21 AM PST by agere_contra
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To: TexasFreeper2009

” a savings account with zero risk”
There’s no such thing.


45 posted on 01/25/2023 8:10:08 AM PST by Fireone (The only reason our elections are complicated is because the cheaters want it that way.)
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