Economic Perspective 101

11/8/2015: This article is worthy of our attention.

The following is an example of information reported therein.

I have repeatedly explained that the largest beneficiary of low interest rates is the world’s largest debtor, the US government. A mere 1% increase in the interest rate paid by the federal government on just its $19 trillion in debt more would increase the budget deficit by more than $500 million per day!

I recognize that Liberty Coin is in the business of selling gold and silver, yet their newsletter perspective over the years has been accurate in predictions, although not usually as quickly realized as stated. The warnings within their outlook newsletter have factual basis.

However my contention remains the safest investment is in one’s own productivity.