Sir can u light the real thing whats happening in world about economy?

  1. moneycop profile image74
    moneycopposted 7 years ago

    Sir can u light the real thing whats happening in world about economy?

    why it is so confusing, even after 2008 recession also nothing could be fixed as permanent reason behind

  2. Sustainable Sue profile image97
    Sustainable Sueposted 7 years ago

    Here's a short answer. For over 100 years the US has been operating on the assumption that money pumped into the top levels of the economy will eventually trickle down to the masses, i.e. money spent on huge, capital intensive projects will create jobs and use materials that will themselves create jobs, etc.

    But in practice, it doesn't work that way. In practice, money acts more like cream - it rises to the top and stays there. That's why there is such a small percentage of the populace that are super rich, while most of the population is getting poorer and we're losing our middle class. Records show that small businesses are the ones that provide the greatest employment, but that's not where the money is now and small business are going bankrupt right and left.

    Connected to that practice is the concept of scarcity, promoted by charging interest on loans. Paying interest means you are paying more than you borrowed. Where does the extra come from? In repaying loans you, and everyone else who borrows, become a sort of money scoop that sends yours and others' money back to the banks. In other words, the banks scoop up all the "extra" money out there, through you, by charging interest, thereby keeping control of the economy.

    In the Middle East the Q'uran forbids the charging of interest (usury). The US has been trying to force it on them. That's one of the many reasons we have war there. It isn't just about Israel or nuclear power.

  3. Evan G Rogers profile image75
    Evan G Rogersposted 6 years ago

    OH, terribly sorry I didn't get to this earlier. I'm a bit new to the nuances of Hubbing.

    Basically the situation is this:

    The US controls the world money supply because we are "the reserve currency".

    This means that every international transaction has to be made in Dollars.

    The federal reserve bank (not a government agency, although heavily politicized) controls how much money is available through "the interest rate".

    We have had a 0% interest rate for 4 years now (this means banks can borrow money for free and never have to repay it. This means that the supply of money right now is infinite).

    This means that people are investing their money stupidly.

    This means that there will be a horrible, Worldwide crash in the next decade or so (depending on minor variables).

    This is known as the Austrian Business Cycle Theory.


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)