Turning Inflation into Wealth

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wclark50's picture
wclark50
Status: Member (Offline)
Joined: Jan 17 2012
Posts: 1
Turning Inflation into Wealth

Does anyone have feedback on Daniel Amerman's Turning inflation into Wealth?

thanks

Warren

markf57's picture
markf57
Status: Bronze Member (Offline)
Joined: Aug 25 2008
Posts: 62
I like his work. I have

I like his work.

I have taking the Inflation into wealth email course and I purchased his books and dvd set.

Wendy S. Delmater's picture
Wendy S. Delmater
Status: Diamond Member (Offline)
Joined: Dec 13 2009
Posts: 1584
I find his work abhorrent. I

I find his work abhorrent. I am not comfortable with intentionally taking out loans to profit from the lender's bad decision to loan me money at a lower rate than inflation. It's stealing.

dmger14's picture
dmger14
Status: Bronze Member (Offline)
Joined: Dec 7 2011
Posts: 82
What he says makes absolute

What he says makes absolute sense to me.  I have a low interest rate loan that I won't pay off.  I respectfully disagree with saferite.  Stealing is when you take something from someone, like the fed when it inflates, it takes purchasing power from people.  Interest rates on loans are set (theoretically) so they fully reflect risk of rising or falling.  One side wins, the other loses.  That's not stealing.  Gambling, maybe, but not stealing.  Besides, it is a person's DUTY to protect themselves and their family's wellbeing.

I have only read Daniel's articles, but have not ordered his material, yet at least.  He seems to think the gubment will raise taxes on gold and silver.  Maybe it will, maybe not but I have some.  As he does a great job of explaining, the stock market will not shelter you from inflation even when it goes up.

dmger14's picture
dmger14
Status: Bronze Member (Offline)
Joined: Dec 7 2011
Posts: 82
What he says makes absolute

What he says makes absolute sense to me.  I have a low interest rate loan that I won't pay off.  I respectfully disagree with saferite.  Stealing is when you take something from someone, like the fed when it inflates, it takes purchasing power from people.  Interest rates on loans are set (theoretically) so they fully reflect risk of rising or falling.  One side wins, the other loses.  That's not stealing.  Gambling, maybe, but not stealing.  Besides, it is a person's DUTY to protect themselves and their family's wellbeing.

I have only read Daniel's articles, but have not ordered his material, yet at least.  He seems to think the gubment will raise taxes on gold and silver.  Maybe it will, maybe not but I have some.  As he does a great job of explaining, the stock market will not shelter you from inflation even when it goes up.

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