The U.S. Reserve was founded in 2001 by gold market veterans and is a distributor of U.S. government-issued coins and precious metals. It is led by U.S. Mint Director, Philip N. Diehl. The majority of the people that rely on the U.S. Money Reserve are people with economic and financial questions since their service covers the education on wealth protection.
The financial advice which is given, always adds insight to a number of government policies and the company has earned a AAA rating from the Business Consumer Alliance. The most recent topic covered with the U.S. Money Reserve is the is the national debt and the increasing amount of questions from experts, professionals, and the public concerning the direction.
The U.S. national debt now stands at $21 trillion, which is the highest it has ever been. Most of the debt comes from other governments and all must be paid back with interest. The U.S. pays more in interest than it does to any department or program in the country. This does not include the principle of the national debt, only the interest. Read more: US Money Reserve | BizJournals and US Money Reserve | Facebook
Experts realize the national debt and borrowing can cause instability in the financial system and slow the economic growth down. Many economists worry about the uncertainty and how the struggle will play out in order to pay off this large amount of debt as the buyers become more cautious in purchasing. This can cause a chain reaction in the financial world. The same effect happened from 2007 to 2009 during the recession. Learn more about US Money Reserve: http://epodcastnetwork.com/u-s-money-reserve/ and https://www.bizjournals.com/austin/cotm/detail/545/US-Money-Reserve
The increase of debt is caused by the government carrying a deficit to fund tax cuts or programs. The money has to come from somewhere and normally comes from taxes but in this case, there are not enough taxes to cover the cost of the national debt. Some programs like Social Security is where the government gets most of the money. The problem is now, there are more recipients then contributors. The money is owed to the people who are of age to receive.
Many of the buyers are seeking advice on how to protect their assets during this possible downturn.
The US Reserve is recommending to look into precious metals in transition for money. This could help ease the situation on the experts’ end as an example gold is up over 350% since 2000 and help salvage many in a downward economy.