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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (10621)4/6/2009 5:00:41 PM
From: Wayners  Read Replies (1) | Respond to of 103300
 
The fiat monetary system is a ponzi scheme. All printed money is DEBT. The Central Bankers do not print the money needed to pay the interest on the DEBT. Therefore they always have to print more and more money in adfinitium and growth HAS to keep going to keep the music playing. They never consider what happens if there are bad investments with no ROI. The growth isn't some flat line growth, it's more like, just to keep the game going, it's 3% or 4% a year COMPOUNDED.