30 June 2010

The Dollars Next Time.

Is flooding the economy with newly-printed dollars Team Hopenchange's next reaction to their European Keynesian/Marxist economic policies falling flat? Some folks think so. With an election looming, the pressure to "do something" about the economy is huge.

Maybe buying gold, art, and guns ain't that bad of an investment strategy right now. If the Obama Administration and Congress turn on the printing presses full tilt, your IRA and 401(k) will end up pretty worthless after inflation does its work. And, with Obama's new financial "reforms" looming, money in a bank may not be such a good idea, either.

1 comment:

Just Me said...

We pulled all of our money out of "the system" a while ago.