G&G Associates Tax & Financial Consulting
Protect Yourself: Fed bailing out Europe! What to do…
NEWS FLASH: Bernanke just agreed to create UNLIMITED numbers of unbacked dollars out of thin air to bail out European debtor nations!
Hotep (Blessings) G&G Readers,
IT’S OFFICIAL: Your buying power and financial security are to be SACRIFICED so that European debtor nations can avoid default and continue giving bonuses and luxury pensions to their workers!
Last week, Fed Chief Ben Bernanke announced that the Federal Reserve will print UNLIMITED numbers of U.S. dollars and then use them to buy bonds offered by failing European governments.
It’s enough to make your blood boil, at least it should:
First, the Fed printed billions to bail out Fannie and Freddie ... billions more to bail out failed bankers ... and billions more to bail out failed automakers.
Now, Bernanke plans to print an UNLIMITED number of dollars to bail out Greece, Portugal, Italy, Ireland, and Spain ... the entire European Union!
This blank-check scheme, worked out with European leaders last week, assures them that the Fed will create dollars out of thin air and then use those greenbacks to buy European bonds — many of them junk bonds.
If this isn’t enough to make you fighting mad, consider this: Bernanke and the Fed ALSO agreed to create unlimited numbers of unbacked dollars to bail out Japan ... plus up to $30 billion to bail out Canada ... plus billions more to bail out the government of Switzerland.
There is no other way to say it: The Federal Reserve has just lit the fuse on one of the greatest explosions of paper money in our history ... an explosion in the supply of dollars that can only gut the value of every other dollar in circulation.
This is nothing more than highway robbery: It can only deplete the value — the buying power — of every dollar you earn, save, invest and plan to live on in retirement.
Meanwhile, European investors are laughing all the way to the bank: The news that WE are picking up the tab for their out-of-control spending has triggered massive stock market gains all across the Continent.
There’s no other way to say this, G&G readers ...
The value and buying power of your money is being stolen from you.
Now, more than ever before, the decisions you make and actions you take will determine how well — or even IF — your family weathers this horrific economic hurricane.
As always, G&G Associates is absolutely committed to giving you the intelligence, strategies and recommendations you need to insulate your wealth and even grow richer as this crisis unfolds.
And to do that, you must become a member of the G&G Investment Society ASAP to learn what to do to insulate your portfolio and to prepare yourself for the ultimate calamity that is approaching over the horizon.
Become a GGIS subscriber now and you’ll be sure that we make sure you stay on top of your Tax and Financial Future to make sure your BUSINESS … AT HOME is protected. Remember…most people look after their bosses business, but fail to look after their own Business At home.
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Until the next time!
Asante Sana (Thanks)
Tax & Financial Consultant, RFC
866-361-3872 toll free fax
"Your mind is like a parachute, it only works when it is open."
P.S. If you're not a GGIS Paid Subscriber reader yet, it's not a bad way to start the year. The recent dollar rally has actually given everyone some new opportunities to invest on the cheap.
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