Does anyone have feedback on Daniel Amerman's Turning inflation into Wealth?
I like his work.
I have taking the Inflation into wealth email course and I purchased his books and dvd set.
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.
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.
A resource for planning for & reacting to the unexpected (storms, natural disasters and other shocks)
Members to support one another in investing endeavors
Preparing those people on Ise Lodge (Kettering) Northants, interested in the future post fossil fuel.
A meeting place for all who are interested in building or sharing a resilient lifestyle up here in the North.
A group to form alliances for survival