The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MulhollandDrive who wrote (234047)	12/22/2009 9:49:38 PM
From: Skeeter Bug	Read Replies (1) of 306849

MD, note the following from denninger's piece... He knows full well that in all modern monetary systems all money is in fact debt. and... virtually all "money" in circulation is nothing more or less than credit - blind promises to pay from future production the principal and interest that has been borrowed! Realize this folks: The dollar bills in your wallet were borrowed into existence. Treasury sold debt (Bonds) against which The Fed issued paper currency! and... Since all money is in fact debt this is indeed the creation of inflation! market-ticker.denninger.net bingo! denninger knows the deal. there is never enough money to pay off the previous (P&I) debt BY DESIGN OF BANKSTERS WITH EVIL INTENT! i know this isn't intuitive and society, including our education system, systematically hides THIS TRUTH and its repercussions. BY DESIGN! they need the people to be ignorant of this financial WMD they've put in place to enrich themselves as they blow up the economy for the rest of us!

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