The Federal government won't stop printing money any time soon. We can thank Ben Bernanke (Federal Reserve Chairman). Bernanke is now talking about another "Quantitative Easing #3 (QE3)". He says that printing money that is backed by nothing doesn't cause inflation. No, of course not, that's be believes that we're all idiots! No Ben, it devalues our money AND CAUSES INFLATION and we know it because we feel it every day!! Apparently he's too high up the food chain to realize this. Look around and see the suffering! You don't care and keep printing because You're The IDIOT!
Get Ready for More Increases
One of the most noticeable results of printing worthless money is that consumer prices begin to rise. Have you seen this happening? BIG TIME! Unfortunately, because of Big Government policies these price increases aren't going away any time soon. (Ron Paul is right, we should abolish the Fed and go back to the gold standard).
The Items
So after doing a little research, we came up with a list of 6 things that will probably increase in price this year. Here they are:
- Gold - We've already seen this happening. As the government keeps printing worthless paper money, the value of paper money goes down causing the price of gold to increase. It will continue rising in 2012. Over the last 10 years gold has increased 17%. It will never be worth NOTHING like paper money can be!
- Gasoline - As we go to print, the price of gasoline is about $3.50 per gallon. It always goes up in the summer months. Some predict that gas will hit $5 this year. What's worse, if Iran blocks the Straits of Hormuz, gasoline will skyrocket in price! This in-turn could trigger World War III which would bring gasoline rationing.
- Water - Big cities are most likely to raise water rates this year. This is a direct reaction to the fact that they will need increased revenues because of their reckless overspending. Most large cities are in financial difficulties and this is one thing they can nail you with! In the Boston area, we used to pay $3,600 for our annual water bills to pay for the Boston harbor clean-up. That will increase as well!
- Fees and Fines - Again, big cities will have to raise money somehow in order to try and keep up with financial demands. Raising fees/fines is a great way to do this. When Romney was governor of Massachusetts, he raised so many fees and fines that people began to arise against the outrageous increases.
- Groceries - Food is a necessity. Haven't you already noticed price increases? Every time gasoline prices go up - so does food! That's because they are linked together. Everything in this country is shipped by trucks!
- Air Fares - Domestic and foreign rates will continue to rise. Again, this is tied to the fuel costs.
Action To Take
When it comes down to it, there's not much you can do. Travel less, and buy food in bulk. Move to the country. Stock-up on groceries - if you can. Buy some gold or silver that you can use for bartering purposes. Other than that, we are pretty much limited as to what we personally can do about gasoline prices, air travel, gold, and fees.
The main thing we can do is to get rid of (vote-out) the current guy in the White House. His redistribution policies are destroying the American middle class.
No comments:
Post a Comment