I figured at the point where the MF can be had for the same price as a DSLR is the time to get it. I was very patient for years.. I even bought an older 1ds so I would leave room for MF stuff instead of blowing it on a new one.
There is very little money in the banks to steal. I think they are all mostly bankrupt right now, dead fish float up every friday. FDiC is bankrupt too, heck every government is going bankrupt. The have managed to enslave us and hide the truth about how money works. Once you have a basic understanding of the fiat monetary system/central bankers/fractional reserve banking/deficits you realize it's kind of a scam. After that, money, becomes a little less stressful issue. The banksters make it and destroy at their whim out of nothing. I was kind shell shocked by the last two years. But having looked into it a bit, like anything else having even a glipse of the internals makes it less scary. It's really worth knowing something about such a basic concept as money. We work for it all life and don't even know what it is, where it comes from or who controls it. Once you grasp that you give yourself the loan when you take money from the bank, and it's not the banks or other peoples' money it's a lot easier to deal with. The bank takes the risk of the colleteral not going down. Well they gambled and lost. Why should you aganonize over their risk. They had it good for a long time.
I suggest "money as debt I and II" and "Meltup" on youtube for some good intro. To this day, the lawful money of the USA is an ounce of silver, the notes we all call money is not money, it's an IOU of the bankrupt fed bank. I think I'd rather have a tangible good that I will appreciate for very long time and could be used to do honest work, than a pile of devaluing fraudulent paper. Of course real savings and capital are good things. Spending beyond earnings is not a good idea. Have you noticed the price of good lenses, they just keep going up, lenses (like precious metals) are better savings than cash!
Seriously though, I think I got a heck of a deal on the dl or the prices have dropped a lot. And the rest is really not that much used. I feel a bit guilty, not doubt. But don't scream at the manufacturers for higher prices. It's a direct result of the scam of deficits/fiat money. Alan Greenspan in 1966 called inflation a hidden theft of savings by the statist governments, that was before he turned to the dark side. Sorry for the off topic rant but you brought up the subject...
And if this stuff interests you, "Money Changers " is a must watch. This goes all they back to 1500's and the Bank of England. For a blow your mind account of how the US was taken over by the fed/irs and how they have been manipulating this country since 1913 lookup "Secrets of the Federal Reserve" pdf, website, 8 hour mp3 is available. This should be elementary education of all adults.
“THERE IS NO MEANS OF AVOIDING THE FINAL COLLAPSE OF A BOOM BROUGHT ABOUT BY CREDIT EXPANSION. THE ALTERNATIVE IS ONLY WHETHER THE CRISIS SHOULD COME SOONER AS THE RESULT OF A VOLUNTARY ABANDONMENT OF FURTHER CREDIT EXPANSION OR LATER AS A FINAL AND TOTAL CATASTROPHE OF THE CURRENCY SYSTEM INVOLVED.”
Ludwig von Mises – Austrian Economist (1881- 1973)
I can just imagine empty shelves when Benny bucks drop from the helicopter, but nobody will take them in trade. An anctode from a Wiemar, a city slicker tried to buy some food from a farmer and he was told he doesn't accept bankster confetti. That's what Mises is talking about. The only other option is austerity, riots ala Greece. Greece can't devalue as they don't have their own currency/central bank. But ECB caved in also and now helicopters are flying in Europe dropping money as well. You never know some day I'll be able to trade a lens or two for some eggs and milk, while others are pushing wheelbarrow with dollars into the store. Only storm clouds ahead. Ben already stated his position, will he stick to it? Another important qoute regarding government obligations from Greenspan, "We can guarantee payment in nominal terms but not purchasing power". Taken from the two brightest minds in finance according to some (or two biggest con man). You be the judge, which option will they take? So be careful, can't go wrong with some insurance against full implosion.
Here's one image you should never forget, if we don't crash, this is starting to look like the beginning of a parabolic curve.
