154 DSR – Price & Value Aren’t The Same

March 13, 2014 — Leave a comment


Standard of living and quality of life are not the same.

“It’s not that the stock market is gaining value… it’s that our money is losing value. And so if you have a debased currency… a devalued currency, the price of everything goes up. Stocks are no exception,” Peter Schiff

“The Fed knows that the U.S. economy is not recovering,” Schiff said. “It simply is being kept from collapse by artificially low interest rates and quantitative easing. As that support goes, the economy will implode.” Peter Schiff

Devalued currency is a result of inflation. Inflation is The Fed printing money at will. This is an intentional tax.

Why should you care? Your stock goes up in price and you falsely believe it’s a good thing. How many hours are you willing to work to buy a loaf of bread?

The Money Morning

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Greg Whitaker

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Greg is a financial wellness educator, tireless ambassador for financial literacy, and the founder of Debt Shepherd.

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