Hotel California and the Federal Reserve

Posted by on October 12th 2017 in Uncategorized | Be the first to comment!

US national debt in 1913 was $3 billion. Today it exceeds $20,000 billion. There is no plan to reduce or eliminate debt. Money supply has grown similarly. Debt has grown far more rapidly than the economy which must support the debt. This model is not viable in the long-term. The debt will never be paid in today’s dollars, and debt cannot increase forever. Hence the debt will default via outright repudiation or default via inflation. Both will be painful. Who in their right mind believes that an economy can solve an excess debt problem with more debt? The “powers-that-be” don’t …read more

Source:: GoldSeek

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