09/17/08 Issue of The 24KaratMarketer Ezine

Group: The 24KaratMarketer


Read More: Marketing

09/17/08 Volume 7 : Issue 37

Offering Low Cost and Effective Ezine Advertising & Marketing Information to help you succeed.

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In this Issue
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$$ Top Sponsor Ad
$$ Table of Contents
$$ Publishers' Notes
$$ Advertise in Multiple Ezines
$$ Quote of The Week
$$ Feature Article - Why Savers Are Losers
$$ Ezine Ad Swap
$$ Middle Sponsor Ad
$$ Your Subscriber Ads
$$ F*ree Ezine Ads
$$ Bottom Sponsor Ad
$$ Contact Information

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** Publisher's Notes:
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Welcome!

New Ad Sale...

To celebrate my son's 2nd birthday on Friday
(September 19th), I am having a honey of a deal!

Solo Ads are ONLY $10.00!

Get yours today!
http://24karatmarketer.com/michael.html

I finally won something! :) After years of entering different contests
and never winning... I finally won a motorcycle from Mike's Hard Lemonade!

I go pick it up next Monday. Problem is... I don't know how to ride a
motorcycle. LOL

And... (Don't tell anyone... lol) I don't even like Mike's Hard Lemonade.
hehehehe

Oh well... :)

Guess I could sell it.

I'll let you know next week what I decide :-). Maybe I should have an online
auction.

Have a GREAT week!
Michelle

Follow Me On Twitter:
http://twitter.com/24karatmarketer

Come say "Hi!" to me on Facebook:
http://www.facebook.com/people/Michelle_Hoffmann/688855666

Visit Me on Squidoo:
http://www.squidoo.com/lensmasters/The24KaratMarketer

Oops... can't forget MySpace!
http://www.myspace.com/24karatmarketerezine

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** Quote of the Week!
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“Your future is created by what you do today, not tomorrow”
Robert Kiyosaki

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** Feature Article
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Why Savers Are Losers
by Robert Kiyosaki

My poor dad believed in saving money. "A dollar saved is a
dollar earned," he often said.

The problem was he didn't pay attention to changes in
monetary policy. All his life he saved, not realizing that
after 1971 his dollar was no longer money.

You see, in 1971 President Richard Nixon changed the rules
of money. That year, the U.S. dollar ceased being money and
became a currency. This was one of the most important
changes in modern history, but few people understand why.

Prior to 1971, the U.S. dollar was real money linked to
gold and silver, which is why the U.S. dollar was known as
a silver certificate. After 1971, the U.S. dollar became a
Federal Reserve Note -- an IOU from the U.S. government.
Instead of our dollar being an asset, it was turned into a
liability. Today, the U.S. is the largest debtor nation in
history due in part to this change.

Taking a brief look back at the history of modern money,
it's easy to understand why the 1971 change was so
important.

After World War I, Germany's monetary system collapsed.
While there were many reasons for this, one was because the
German government was allowed to print money at will. The
flood of money that resulted caused uncontrolled inflation.
There were more marks, but they bought less and less. In
1913, a pair of shoes cost 13 marks. By 1923, that same
pair of shoes was 32 trillion marks!

As inflation increased, the savings of the middle class was
wiped out. With their savings gone, the middle class
demanded new leadership. Adolf Hitler was elected
Chancellor of Germany in 1933 and, as we know, World War II
and the murder of millions of Jews followed.

A New System of Money

In the closing days of World War II, the Bretton Woods
System was put in place to stabilize the world's
currencies. This was a quasi-gold standard, which meant
currencies were backed by gold. The system worked fine
until the 1960s when the U.S. began importing Volkswagens
from Germany and Toyotas from Japan. Suddenly the U.S. was
importing more than it was exporting and gold was leaving
our country.

In order to stop the loss of gold, President Nixon ended
the Bretton Woods System in 1971 and the U.S. dollar
replaced gold as the world's currency. Never in the history
of the world had one nation's fiat currency been the
world's money.

To better understand this, my rich dad had me look up the
following definitions in the dictionary.

"Fiat money: money (as paper money) not convertible into
coin or specie of equivalent value."

The words "not convertible into coin" bothered me. So my
rich dad had me look up the word: "fiat."

"Fiat: a command or act of will that creates something
without or as if without further effort."

Looking up at my rich dad I asked, "Does this mean money
can be created out of thin air?"

Nodding his head, my rich dad said, "Germany did it and now
we are doing it."

"That's why savers are losers," he added. "I fought in
France during World War II. That's why I never forget that
it was after the middle class lost their savings that
Hitler came to power. People do irrational things when they
lose their money."

Most economists would disagree with my rich dad's
correlation between the loss of savings and Hitler. It may
not be an accurate lesson, but it's one I never forgot.

Between 2000 and 2005 housing prices went through the roof.
Oil went from $10 a barrel in 1997 to over $60 a barrel in
2005. Gold went from $275 an ounce in 1996 to over $475 an
ounce in 2005.

In spite of all these increases in prices, the federal
government's economists say, "Inflation is low. It's under
control." They are allowed to say that because the
government is charged with only monitoring inflation in
consumer prices -- not asset prices. The consumer price
index (CPI) is the pressure gauge the government watches
because they want to make sure the consumer is happy
finding bargains at Wal-Mart, which is easy because China
is forcing consumer prices down.

The problem is our dollars return to the U.S. to buy our
assets. In simple terms, we send cash overseas to buy
goods, and overseas investors take our cash and use it to
buy our assets. That's why the Wal-Mart shopper finds
bargains in the store but can't afford to buy a house, gas,
gold, or stocks. Those same "consumers" also worry about
their jobs going overseas.

In summary, investors shop for asset bargains, and
consumers shop for consumer bargains and try hard to save
money that is not really money. That is another reason why
the rich are getting richer.

For more on this subject I recommend reading "The Dollar Crisis"
by Richard Duncan.
The Dollar Crisis: Causes, Consequences, Cures , Revised and Updated

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That's it for today...
Have a great week!
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Until next time...

“An’ it harm none, do what thou wilt"

Regards
Michelle Hoffmann
Publisher - The 24KaratMarketer Ezine
http://24karatmarketer.com

Helping over 20,000 home income seekers succeed with
their home businessess since January 04, 2001

====================================================
(c)2001 - Present The 24KaratMarketer Ezine *All Rights Reserved.*
====================================================


Yours In Service,


Michelle A. Hoffmann
CEO/Owner
MidasTouchMedia Grp
www.MidasTouchMediaGrp.com

Publisher/Editor/Owner
The 24KaratMarketer Ezine
www.24KaratMarketer.com

Contact Us:
Support

(715)426-0518

MidasTouchMedia Group
N8652 940th St
Suite #3
River Falls, WI 54022

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About the Author: Michelle Hoffmann

Member Since: 10/08/2007

Company: The MidasTouchMedia Group

Industry: Internet

Primary Web Site: http://midastouchmediagrp.com

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