Yellen, rates and the Pockey'lips

[Lowdown3]

So the Fed said "don't audit me bro!" and then said rates will likely stay at nothing for a while longer.

JP Morgan began charging negative interest rates to some large commercial accounts.

The DOW hit new highs.

If you don't listen to Dan Ceila, it's a good show you'll find on most Christian radio stations. Mid afternoon here in FloriGabama area.

He also happens to look just a bit like one of our Moderators, who also tracks financial issues ;)

http://www.financialissues.org/

Dan isn't a survivalist, although he does mention from time to time having a little bit of food, some gold and silver, etc. However most of his info makes sense.

So looks like we are keeping on keeping on with low rates, but that may bring on negative interest rates, banks "charging" you to keep your money in there, etc.

What will that REALLY spur? A wide spread spending spree? More investment in business, markets? Or people just saying screw it and withdrawing from bank of Amerika and depositing in Bank of Sealy?

[rockriver]

time to prep some more...
what will I need next year?

maybe one of those tractors that lowdown is looking at
maybe some fuel to put in that tractor
and some implements.
groceries
floating level III armor plates
etc...
yep... not gonna let them charge me for holding my money.
I can net more by hiding it in a coffee container under the oak tree...
(but it wouldn't take a big container!)

[DIM TIM]

Like most people, we pretty much live paycheck to paycheck. We do have a small bit of money saved, the operative word being small, but I still trade my check each week for goods and services, and the goods are pretty much stuff we use as our preps.

The wife still has this thing for banks, but I keep very little in mine. Just enough to allow me to cover an insurance draft each month. Other than that, I just keep the account active to convert my paper PAYCHECK into paper FRN's, and then trade those for our real goods.

I'm considering some options to allow me to get some more serious finds to up our preparedness to a whole new level. If done correctly it will help us beyond what I could have done in almost a decade's worth of saving. It would have a minimal impact on our long term security, as a matter of fact, it would make things a lot better for us in the long term bynot only giving us more funds to work with, but also would make our quality of life a whole lot better by a factor of at least 10.l

[Lowdown3]

Like most people, we pretty much live paycheck to paycheck. We do have a small bit of money saved, the operative word being small, but I still trade my check each week for goods and services, and the goods are pretty much stuff we use as our preps.

The wife still has this thing for banks, but I keep very little in mine. Just enough to allow me to cover an insurance draft each month. Other than that, I just keep the account active to convert my paper PAYCHECK into paper FRN's, and then trade those for our real goods.

I'm considering some options to allow me to get some more serious finds to up our preparedness to a whole new level. If done correctly it will help us beyond what I could have done in almost a decade's worth of saving. It would have a minimal impact on our long term security, as a matter of fact, it would make things a lot better for us in the long term bynot only giving us more funds to work with, but also would make our quality of life a whole lot better by a factor of at least 10.l

Sounds interesting.

When deliberating about a decision I'll sometimes write out "Pros" and "Cons". Kinda cheesy but putting it down on paper like that helps me.

What sometimes looks or sounds good in my mind looks horrible on paper....

[protus]

Yip...white board it out. Im the gotta see it not talk about it type as well.
We were going over some long term money goals the other day along with wife units profits /expenses etc from this past year.