If you have Dollar denominated investments, then you are not yielding the profits you think you are! Taxes on Gains & Inflation are eating up your profits.
The U.S Dollar came off the Gold Standard in 1971, so what is backing the U.S. dollar? It's no secret the U.S. government is creating an exuberant amount of money out of thin air. The question is how long can this go on, and how long can the American public allow this to go on?
Public government data reveals, a breath taking fact. Since the 1913 inceptionof the Federal Reserve our paper currency has devaluated over 97% due to the mass production of credit by the Federal Reserve. No one can argue the staggering figures will only get worse.
Effective March 23, 2006, the governing board of the federal reserve terminated the publication of the "M3" monetary aggregate. The reason given was... "the cost of collecting the data and publishing M3 now appears to outweigh the benefits."
