inflation and reinvigorate our economy. This would cause a small but short impact among the Fed’s member banks, but it would restore the dollar as the world’s standard of currency, and they would have to become better managers of their banks. The third solution would be for Congress to shut the FED completely down and privatize our nation’s banks. Do you think the president, the head of the FED, or Congress would be willing to enact these solutions? The final solution , and the only one I feel is feasible, is to have Privatized Family Banking (PFB) as the financial strategy of choice. If Americans would follow this plan, we could change the way America saves money and creates wealth. It only takes 10% of the population to change the direction of a government. The main purpose of a qualified financial consultant is to help you find the money that is lost in opportunity dollars. This is the money slipping through the cracks of your financial house. If your current financial advisor has your retirement money in the stock market without protecting your principal and accrued earnings, if you are still paying management fees, ask them if they can guarantee that you will never lose money again and if they will waive all management fees and commissions. If not, then RUN!
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1 The foundational concept of Privatized Family Banking (PFB) is that you finance everything you purchase—you will either pay cash and lose the opportunity to earn interest, or borrow money and pay interest to someone else. □
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The Federal Reserve Bank is a government agency.
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3 A person is better off buying term insurance and investing the difference in premium between term insurance and permanent insurance. □ 4 A qualified plan such as an IRA or 401(k) is a tax savings event. □
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