We take lots of calls on this KLBJ Radio show with our money man, Andrew Gause. Many people are deeply concerned how to navigate the land mines out there to protect their wealth.
Remember, money is not wealth.
Money, as we know it – dollars – has no backing of any kind. The Federal Reserve continues to create new dollars to plug the holes in reckless behavior of banks and Investment firms with money they do not have. And, Mr. Gause believes that the Fed has no choice but to continue to inflate and eat out our substance every time they do.
June 28, 2008, Part One
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