Tuesday, March 22, 2005

A Warning From the Federal Reserve...

This article from Yahoo is a bit frightening.

What does this mean for you? It means higher prices and further declines in the value of the dollar. In other words, if you need to borrow money, it's going to cost you more and more to borrow money that is worth less and less.

How long is this going to continue? Until our fiat currency system collapses and we're all broke. It's a Ponzi scheme, the more money that is created (out of thin air I might add), the less existing money is worth.

We are due for a Financial Reckoning Day.