Today's Downsizer-Dispatch . . .
Please forward to anyone you know who cares about the value of their money.
The Federal Reserve can create new dollars out of thin air. Much of the federal government's deficit spending is funded with this "funny money." When more dollars are created prices rise and the value of your savings fall. Sadly . . .
We believe the Federal Reserve is about to create a whole bunch of new money. Why? Because, starting March 23 the Fed will stop publishing a statistic called M3. M3 is the best guide to how much new currency the Fed is creating. The only reason to stop publishing M3 is because . . .
The Fed is planning to do a whole lot of "legal counterfeiting," and wants to hide it. This is a direct threat to your budget and savings. It must be stopped. Fortunately . . .
Congressman Ron Paul is sponsoring legislation to force the Fed to continue reporting M3. We need to force this legislation through Congress. It's the best brake we have to stop inflation. And the brakes come off March 23.
Jim Babka President DownsizeDC.org, Inc.