You are viewing an old blog post! That means that links will be broken, and images may be missing.

June 23, 2014

Can you ever retire earning just 1% interest?

I told Congress to pass the Free Competition in Currency Act using DownsizeDC.org's campaign.

 

Please do the same. You may borrow from or copy this letter…

 

The European Central Bank has started charging negative interest rates. (http://bit.ly/1kKWNQl)

 

This State-backed banking cartel is trying to promote borrowing and spending money at the expense of savings. Consumers need to make such choices on their own, without manipulation from the central bank.   

 

The Fed has done virtually the same thing by pushing interest rates down to 1%. How can anyone earn retirement money at that low rate?

 

Stop screwing with interest rates; get out of the market. We need more savings and investment to create jobs.  

 

END the Federal Reserve's monopoly control over what I can use for money!

 

Open the door to FREE COMPETITION IN CURRENCY.

 

The Free Competition in Currency Act would…

 

* Allow me to use gold, silver, or another form of money as an alternative to the Fed's fake, inflationary “dollar”

* This will help PREVENT the Fed currency monopoly from imposing absurd policies such as squashing my incentives to save money.

 

I don't need you to dictate what kind of money I use or to set interest rates. I do not consent to be ruled in this way. Set me free.

 

–END OF LETTER–

 

Send your letter using DownsizeDC.org's Educate the Powerful System.

 

Thanks to Hunter Lewis for inspiring this message.

 

And thanks to YOU for your participation and support.

Jim Babka

President

DownsizeDC.org, Inc.

 

If your comment is off-topic for this post, please email us at feedback@downsizedc.org

comments

Post a Comment


Notice: Undefined variable: user_ID in /var/www/archive.downsizedc.org/wordpress/wp-content/themes/downsizer/comments.php on line 89

Your email is never published nor shared. Required fields are marked *

*
*
 
© 2008–2019 DownsizeDC.org