stimulate economic growth. For the last few years money growth in the US has been over 10 percent, much higher than the growth of the economy (GDP). This does stimulate the economy, but the dollar also looses it’s value (inflation). New money (credit) is not given to economic participants but lend to them. By now the American consumer is deep into debt (mortgage) and the US government too (bonds). Total debt in the US is over 40 trillion dollars. Total debt is 330 percent of GDP, in 1929 …
New Ponzi Scheme Unraveled Jan 26 2009 Ponzi Scheme peter Schiff David Icke Alex jones max keiser Marc faber Jim Rogers economy collapse dollar crisis finance wall street stock market money currency gold silver banks … Ponzi Scheme peter Schiff David Icke Alex jones max keiser Marc faber Jim Rogers economy gerald celente collapse dollar crisis finance wall street stock market money currency gold silver banks
their effects on calculating inflation and GDP are each examined. Dr. Martenson traces the social impact of these shady statistics, and finishes by showing how a dishonest determination of inflation further deforms an already flawed GDP calculation. www.chrismartenson.com … finance financial crisis economy economic crash course collapse depression 1929 peak oil renewable energy stock market exponential money fiat currency gold silver inflation iraq war bailout bernanke chris martenson ron paul …
Cody Willard Rips the Federal Reserve on Fox Business 12/16/08 Two recent articles by Cody Willard at FBN: “The Federal Reserve Is Ruining Us and Must Be Destroyed” 12/16/08 feeds.foxbusiness.com “Illuminating the Illuminati: Charles Schumer and Barney Frank Are Owned By The Big Banks” 12/15/08 feeds.foxbusiness.com