Saturday, October 2, 2010

The Fed Wants you to Spend More Money

The Fed Wants You To Spend More Money

Since 2007, all the news papers, TV, Personal Finance advisors, Economists and bloggers from all around the world say you that the Federal government is printing money out of thin air like hell to recover the USA from the recession right?

And yes, If you see the mainstream media like NyTimes & Wall Street Journal than you will know that Since 2007, USA has printed 4 1.2 Trillion out of thin air and swelled its monetary base from US $ 800 Billion to US $ 2 Trillion.

Now, this is really ridiculous. I mean printing money out of thin air is really ridiculous. This will do nothing but dilute the purchasing power of the existing dollars in the circulation by causing hyperinflation.

But well, Do you know that the Fed has printed this money because it really wants you to spend this money. So that the inflation remains around the range of 3% per annum.

Right now the problem is that the Individuals and Businesses are holding this newly printed money. This is because they are afraid to spend this newly printed money. But well, if you will hold this money than it will cause 3% price reduction (Deflation) every year rather than causing inflation which is required right now.

And that’s why Fed wants you to spend this money.

But well, How Rich play the game of money in such scenario right now? How the Rich spend their money to grow richer?

Well, Right now the Rich people from all around the world are busy in borrowing money from the Federal Reserve at ultra-low level interest rates and using this borrowed money to acquire more and more assets (Mainly Businesses & Real Estate) in USA and all around the world mainly in emerging markets like India and China.

You can also use this hot money (Newly printed) in your favour to get rich. But well, for that you will require a financial knowledge. The Financial knowledge of reading financial statements and the understanding of the basic words like assets, liabilities, cashflow..etc..

Unfortunately, Schools don’t teach us this basic financial knowledge but the rich give their kids this financial knowledge since their childhood.

But Well, Now you can also take the same financial knowledge that rich teach only to their kids. Download my eBook – MJ2BC: What Rich Teach Their Kids About Money That Poor & Middle Class Don’t?

Don’t Worry. I am giving you this eBook for 100% FREE. You can simply click the above link and download my eBook for FREE without any annoying registrations.

Simply learn the basic principles and myths about money from my eBook and also teach these principles to your kids, parents, friends and family members. And yes, if you like my eBook than don’t forget to spread this financial awareness…!!!

0 comments:

Post a Comment