Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: C19fan

Print print print. The Counterfeiter-In-Chief will tax via inflation to feed his peeps and bankrupt a nation.


6 posted on 04/09/2014 12:38:02 PM PDT by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Vaquero

That’s why my retirement includes borrowing up the hilt for real estate and what money I do have is “PM” money (junk silver, actually). I lived through the inflation of the late 70’s and early 80’s, I saw first hand people who’s retirement was in low performing investments. They became so worthless that some of them had to come back into the work force. You can live comfortably on $1500 a month when a gallon of gas is $.30 a meal at McDonalds is less than a buck and your mortgage is $150 a month. When all three triple (or go up 20 fold, as mortgages did), your $1500 monthly retirement payout won’t pay your mortgage.


21 posted on 04/09/2014 12:51:33 PM PDT by cuban leaf
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson