Free Money

Posted by in Reach Your Financial Goals

I wanted to share this piece of info because I am running into too many people that believe that the money from the government is free.This money is not, for someone to receive money from the government it is taken from somebody else.One of the sources is debt issued in the form of bonds which are purchased by citizens and foreigners.Another source is our taxes.Finally, it comes from the government printing money which contributes to inflation and this is essentially taking money from anyone who owns American dollars because it reduces the buying power of the dollar.