an article from the CATO Institute
An article that points out that Government Spending doesn't reduce solve a recession. Not news.
You can not put a band-aid on a diseased economy. You have to get to the root cause.
The Federal Reserve and the Fractional Reserve Banking system control the money supply. The Fed Creates recessions then trys to stop them.
The problem is the model is based on a never ending escalation of debt. And at this point the debt balance ratio is so high it can not be restored.
Until the Fed and fractional reserve banking are abolished there will be no recovery this time.
This all plays into the invisible governments desire to abolish United States Currency and replace it with a Global Currency modeled after the European Union.
But this is not going to happen until all the assets are acquired by the Bankers. What is left to acquire? Good question. Banks pretty much have title to everything now.
The commercial real estate crash still needs to play itself out. Then watch out!
by Jack Lee 17 months ago
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by rhamson 5 years ago
What if we reinstated the gold standard to evaluate the dollar in its' current distribution. Since the debt standard has been blown apart in recent years could a real precious metal you can touch make a comeback?
by Stacie L 7 years ago
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by scoop 6 years ago
How is money created?
by Hollie Thomas 6 years ago
For all those who have berated the Occupy Movement, waxed lyrical about their lack of achievement and morality. Yawns, read this: http://www.independent.co.uk/news/uk/po … 31521.htmlApparently, and according to a Bank of England director, they were right!
by Gary Anderson 7 years ago
You mentioned in our discussion on another site that Alan Greenspan sold out. But really, he sold out by not regulating bubbles. You say he sold out by not having a gold standard. But a gold standard would cause credit to completely dry up. Some credit is necessary. And, BTW, the TULIP bubble was...
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