Another crisis is coming. We can be sure of it. Because the problem behind the crisis of 2008 – fake money, fake interest rates, fake economy – was not corrected. We didn’t fully understand money at the time. And a lot has happened since. But we were right about one thing: the role of debt.
Thomas Jefferson… Benjamin Franklin… George Washington – would any of them recognize in the United States of America any trace of the country they tried to establish? Better put away the guns and lock the ammunition before comparing Trump or Clinton to the Founding Fathers; you are just inviting serious depression.
Largest Theft in History. As expected, Ms. Yellen smiled this week, announcing no change to the Fed’s extraordinary policies. For the last eight years, she has been aiding and abetting the largest theft in history.
Central banks – in the current system – can create unlimited amounts of fake money. They can use this money to buy real financial assets.
Theoretically, they could buy all the world’s stocks and bonds. And theoretically, they can leave the feds with almost complete ownership of the planet’s capital.
Ms. Clinton is raising record amounts of money – $80 million in a single month. Big corporations, banks, military contractors, rich people – all are pitching in…
As reported in German newspaper the Frankfurter Allgemeine Zeitung, for the first time since the Cold War, Germans are being urged to stock food, medical supplies and, significantly, cash.
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Republican presidential candidate Donald Trump promised to reform the U.S. tax system. His proposals are nothing new – simplification… fewer brackets… eliminate loopholes for rich people.
We’re talking about money. And the problem caused by the Fed’s phony-baloney credit-money. It has led to a worldwide debt bubble – $300 trillion worth.
And like all bubbles, it’s going to blow up. When it does, we predict, there will be Hell to pay.
Money is the measuring stick. It tells us what things are worth… how much we can afford to invest… what is worth doing and what is not.