July 19, 2024

Another Housing Bubble

Why the latest actions by the Federal Reserve may be the seed for the next housing bubble!


The geniuses at the Federal Reserve have concocted a bold new plan to revive the U.S. economy — print a bunch of money, loan it to Americans at super low interest rates so they can speculate on rising real estate prices, extract the appreciated equity and spend it on consumer goods. In other words, build an economy of real estate, by real estate, and for real estate. The only problem is we’ve been there and done that. The last time it almost destroyed the U.S.economy. I guess almost isn’t quite good enough for the Fed, so now it’s determined to finish the job.

For those of you who want to heed Mr. Schiff’s advise, I’d would suggest you take a look at an interesting alternative to traditional gold investing: gold nuggets for sale

Another Housing Bubble