The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: grusum who wrote (233872)	12/21/2009 2:12:56 PM
From: Skeeter Bug	Read Replies (1) of 306849

>>your statement above is neither true nor logical at the time when greenspan first lowered rates.<< grusum9, my contention is both true and logical once one understands that our monetary system is a debt backed ponzi scheme. as i stated, greenspan's (and bernanke's) #1 goal is to keep debt increasing - otherwise, the banks can't get paid back and go BOOM! to a point that they will obviously fail - even more than they've already failed. note the OBVIOUSLY UNSUSTAINABLE debt that the fed created... market-ticker.denninger.net the reason the banks weren't in trouble is because greenspan was PROACTIVE in his efforts to increase debt - AT THE EXPENSE OF A SOUND AND SUSTAINABLE ECONOMY! someone doesn't have to be in trouble to be "helped." someone can be helped so that they prevent trouble, at least for a time. the fundamental problem here is that the bankster devised debt backed monetary ponzi scheme is destined to explode as ever increasing debt is not a sustainable plan, but it is one that allows bankers to transfer mass wealth from the citizenry to themselves. you do know how money is created in our system, right?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next