Yep, you read that headline right.
Today, in late 2020, it makes NO SENSE to save money.
Before you get your feathers all ruffled..
Hear me out.
Let’s talk about Debt.
This is how much debt the United States Currently has.
(you can see this counting up like an insane clock from the devil at https://www.usdebtclock.org/)
Yes, that number is 27 TRILLION dollars, and counting…
Just to put that number in perspective…
So, yeah, that’s a lot of Benjamins…
Another aspect of the debt that people don’t talk about is this little thing at the bottom….
Yep, that’s not a typo.
We owe 156 TRILLION DOLLARS to our OWN PEOPLE.
An entire generation of pensions, social security, and medicare are hanging there, waiting to be paid.
To put this in perspective again,
Imagine you have $471,935 in credit card debt.
That’s EXACTLY what EVERY United States Citizen will need to pay up in order to fund this….
Crazy crazy stuff.
Let’s just summarize it point blank.
This shi* is NEVER getting paid back.
It’s not. It’s not possible.
We LITERALLY don’t collect enough money in taxes to even get close to paying this back.
Hell, it barely pays the INTEREST on the loans at this point….
So what does this have to do with you? Why is “saving” stupid?
Trust me, it all ties together, stay with me here!
So, since the government can NEVER pay back their debt, what are their options???
1) Tax people more
This will probably happen but it won’t cover the cost, not even close.
2) Tighten the belt
Not going to happen, no politician wants to tell people to stop spending, be conservative, and thus crash our economy and send us into a depression.
3) Default on the debt
HAHAHAHA yeah right. Which President is going to do this one? (Answer: none of them)
So what is their ACTUAL only option, door number 4???
You guessed it!
PRINT MORE MONEY.
It’s the only way out.
Seriously, it is.
It’s why this meme has gone VIRAL this year.
The ONLY way out of this mess if for governments to PRINT more money out of thin air.
This accomplishes all their goals.
It devalues their debt…
It stimulates the economy…
And (FINALLY KALE IS MAKING SENSE) it PUNISHES people from SAVING and ENCOURAGES THEM TO SPEND SPEND SPEND.
Think about it!
Why would you SAVE your money in a bank account that pays zero interest…
And then also DEVALUES that money at 10-30% per YEAR because they just keep printing more of it?
Answer, you wouldn’t.
That is why, long story short, folks, that saving your money is DUMB.
If you have dollar bills (or euros or yen for that matter) sitting under your mattress or in the bank?
It’s getting devalued.
You might as well picture it being stolen.
Imagine someone coming and PHYSICALLY TAKING 10-30% of it EVERY YEAR for the rest of your life.
That is what is happening, whether you want to believe it or not.
I could go DEEP IN THE WEEDS in this letter explaining the nuances of this FACT, but that’s not what this letter is FOR.
This letter is for ACTION.
It’s supposed to tell you what to DO, not bore you with all the little details.
So, here’s what the smart people are doing instead of “saving”.
1) SPEND THE MONEY ON A BUSINESS.
The money is getting more worthless by the day. The best way to fight back is to start something that prints money FOR YOU (not for the government).
The best way to “print your own money” is to start a profitable business. Hands down.
Hell, you can even take out a loan to start a business.
Because the money is getting devalued so quickly, when it comes time to pay back that loan, it will be “cheaper” because the value of that loan has gone down in real terms.
It’s just like the government debt. The more money they print the easier it is to pay it off.
Now, you can use this effect for YOU.
2) INVEST IN THINGS THAT CAN’T BE PRINTED.
Guess what goes up when fake monopoly money falls out of the sky?
Things that have scarcity.
Things that can’t be PRINTED.
Rare art, Real Estate, Stocks, Gold, and Bitcoin have ALL SKYROCKETED this year.
Why is that?
Isn’t the economy completely shut down due to covid?
Yes, it is. But money printer still go BRRRR…..
In fact…
Read that tweet again.
That’s absolute insanity.
No wonder things that can’t be printed are going up in price.
It’s like if the monopoly banker just handed everyone an extra $10,000 bucks…
The property would all go into a crazy bidding war!
It’s happening right in front of our eyes, in REAL LIFE.
3) Whatever you do, don’t “save”.
Obviously I’m not saying don’t save your money.
That was just a clickbait headline to get your attention.
I’m saying don’t STORE your money in CASH.
I’ll be very honest with you.
I’ve made millions of dollars the past few years.
And I hold less cash than someone who makes minimum wage.
I’m serious.
Ray Diallo said it best earlier this year…
CASH IS TRASH.
Store your wealth in ASSETS that don’t lose value like that worthless piece of paper does.
My personal favorites are Bitcoin and my own companies.
But you can do whatever feels best to you.
I HOPE ALL THAT MADE SENSE.
IT MADE SENSE IN MY HEAD.
Let me know in the comments!
Throw this a like so more people see it!
And SUBSCRIBE FOR HEAVENS SAKE IT’S FREE FOR 30 DAYS!
Kale
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