I started this blog in June 2007 asking these questions: Are we in a massive asset bubble that will blow up in our faces ??? - ANSWERED YES ! Is western and particularly British society on the verge of social collapse??? What are the best common sense long term investment strategies to keep you rich? When will consumption/debt bubble economics end and a real savings/production economy begin ???
Wednesday, 4 March 2009
Part 1 of 6, The Creation of Money: Where does money come from? It's created out of thin air from the both Fed and the banking system! See and hear MANY clips from mainstream media such as NPR, Associated Press, and the Wallstreet Journal admitting as much, as well as Fed officials and noted economists confirming it. It may seem like an overdose, but most people don't understand how money is created, so by the end, anybody new to the subject will have no doubt that money is created out of thin air, and those who are not new to the subject have plenty of new sources they can refer to instead of just quoting Ron Paul, who isn't even in this video.Â And Part I ends with a scary clip of just how much money has been created as of late and what the consequences might be.
Check out the rest of this blog here.