money locked up in banking never hits consumers
- Thread starter cdcaveman
- Start date
no kidding,....you won't end up broke if you buy assets. Maybe you can't swing an 800k house, but anybody can buy a few shares of SPY now and then. Keep doing that, and it adds up.
I think what cdcaveman is trying to say is that there is literally not many safe avenues from which to make a steady return right now. Most people will say "the market, dummy!" but that's hardly safe.
The only people benefitting from this monetary policy are the same ones who've always benefitted.
The only people benefitting from this monetary policy are the same ones who've always benefitted.
and where will that money flying from the dollar go?
when you own SPY, you also own a lot of real estate. Go up there some time to Michigan and see just how much land Ford and GM own.
if you got silver and you got gold, I gurantee I aint trading you my shovel which I bought at home depot for $12 if it is a shovel in rare supply. You are going to need something better than gold or silver to get it from me. You are going to need something I need. And I don't need any gold or silver to grow food.
I would rather own something real... something in my hands.. something of value irrelative of the dollar.. one would be intelligence.. invest time in autodidact education, entitle yourself as a person.. the educational system is in a bubble right now to.. cheap loans, over inflated crap education.. when you wanna educate everyone to get money through highly accessible school loans.. you have to dumb down the education..