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| − | '''Savings''' refers to [[money]] ([[fiat currency]]) that is set aside in either a [[savings account]] or [[Certificate of deposit]] or stored at home in a safe or other secure location for future use including [[retirement]]. Currently in [[America]] the rate of savings is very low since the [[interest rate]]s are very low (see [[Quantitative easing]] and [[monetary policy]] and due to [[inflation]] (see [[Consumer Price Index]]). Because of this, many people choose to [[invest in tangibles]] rather than savings in [[currency]]. | + | '''Savings''' is income not spent, or deferred consumption. It can be [[money]] that is set aside in either a [[savings account]] or [[certificate of deposit]] or stored at home in a safe or other secure location for future use, including [[retirement]]. Nations can be compared based on a national "rate of savings" which is the ratio of new savings deposits as a portion of the [[gross domestic product]] of the nation. Currently in [[America]] the rate of savings is very low. Ecconomists study savings patterns of businesses, households or both.<ref>{{cite web|url=http://www.bostonfed.org/economic/conf/conf25/conf25a.pdf|format=PDF|title=The Concept and Measurement of Savings: |
| | + | The United States and Other industrialized Countries|accessdate=March 4, 2016}}</ref> |
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| − | | + | ==See also== |
| − | ==See Also== | + | * [[Savings account]] |
| − | * [[Savings account]] and [[Certificate of deposit]] | + | * [[Certificate of deposit]] |
| | * [[American economic history]] | | * [[American economic history]] |
| − | * [[Essay:Invest in tangibles]] - [[:Category:Survivalism|Economic preparedness]]
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| − | * [[Inflation]] versus [[Interest rate]]s / [[Rate of return]]
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| − | * [[Self-directed IRA]] and [[IRA]], [[401(k)]], Roth IRA, [[403(b)]], [[Retirement]], [[Social security]]
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| + | ==References== |
| − | | + | {{reflist}} |
| − | * [[:Category:Banksters|Banksters]]: [[MF Global]], [[Goldman Sachs]]
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| − | * [[National debt]]: [[Debt Ceiling]]-[[Deficit spending]] and the [[Federal Reserve System]]'s [[Ponzi scheme]] of [[Quantitative easing]]-[[Debt monetization]] [[devaluation]] of [[Fiat currency]] through [[Money supply]]-[[Treasury bill]]s bought mostly by [[China]] and [[Japan]]
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| − | [[File:Shovelready.jpg|right|250px]]
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| − | * [[Globalization]], [[Globalism]], [[International Monetary Fund]], [[World Bank]]
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| − | * [[John Maynard Keynes]] [[liberal]] [[Keynesian economics]] and [[Fabian Socialism|Fabian Socialist]] influence on [[Barack Obama]]
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| − | * '''[[Big government | Big Government]]''': [[Liberal values|Liberal]] [[ObamaCare]]-[[Common Core]]-[[Social Security]] [[Welfare state]] leads to [[Nanny state]], leads to [[Gun control]], [[Militarization of police]], [[Asset forfeiture]] and Domestic [[mass surveillance]] of law-abiding [[citizen]]s via the '''[[Police state]]''': [[Globalist]]-[[United Nations]]-[[Statist]]-[[Socialist]]-[[National Socialist]]-[[Communist]]
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| − | '''Contrast with:'''
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| − | * [[Ludwig von Mises]]' [[conservative]] [[libertarian]] [[Austrian economics]] and [[Fiscal conservatism]] -[[Capitalist]] [[Conservative economic policies]] of [[Ron Paul]]
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| − | * [[Gold standard]] and [[precious metal]]s
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| − | * [[Essay:Invest in tangibles|Invest in tangibles]] for [[:Category:Survivalism|Economic preparedness]]
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| − | * '''[[Limited government]]''' implies: [[Conservative values]]/[[Traditional values]] - [[Modern conservatism]] - [[Preparedness | Modern preparedness]] are the original [[American]] [[Patriot]] [[Founding Fathers]]' values
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| − | * [[Modern preparedness]]: "[[if times get tough, or even if then don't]]", [[Debt is financial cancer]], [[Tax is theft]], [[Renewable energy]], [[Financial security]], [[You are in control of your life]]
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| − | ** [[Invest in tangibles]] - [[Rural]] [[farm]] [[land]], [[Tools]], [[Food storage]], [[Precious Metals]], [[Ammunition | Copper-jacketed lead]] and [[Firearms]]
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| − | ** [[Agriculture]]-[[Permaculture]]: [[Growing your own food]], [[Food and water storage]]
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| − | {{Template:Economic preparedness topics}} | |
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| − | [[Category : Economic Preparedness]]
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| − | [[Category:Retirement]]
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| − | [[Category:Investments]]
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| − | [[Category:Real Estate]]
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| − | [[Category:Banksters]]
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| − | [[Category:Banks]]
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| | [[Category:Finance]] | | [[Category:Finance]] |
| | [[Category:Economics]] | | [[Category:Economics]] |
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| − | ==References==
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| − | {{reflist}}
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| − | [[Category:Precious Metals]]
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| − | [[Category:Investments in Tangibles]]
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| − | [[Category:Survivalism]]
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