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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: clochard who wrote (107413)2/20/2010 4:02:41 AM
From: Skeeter Bug1 Recommendation  Read Replies (2) | Respond to of 110194
 
COBOL, and the end result is the buck is going to zero, even if it takes some time to get there.

the real reason for the devaluation in the dollar (inflation) is because the criminal banksters tied money to debt, for all intents and purposes. in short, our monetary system is a debt based ponzi scheme that is in the process of reaching its limits right about now.

almost all money supply grows through the generation of loans. money is debt. debt is money. this isn't 100% true, but it is around 98% true. maybe even more.

the problem arises because only principle is loaned, not the interest to pay it back. in short, there is never enough money in the money supply to pay back previous debts, so they keep expanding the money supply (through the issuance of ever more debt) and inflating the dollar away.

knowing this, this chart makes perfect sense... to a criminal banking cartel member...

market-ticker.denninger.net

imho, we've hit the debt ceiling and simply can't take on more debt. in short, the money supply can't continue to grow. the government is now trying to take on gobs of debt, but that won't last.

the breaking point is near.

btw, if you want to do something about the corrupt ponzi monetary scheme, the good folks over at swarmusa.com are dedicated to doing just that - and they need help.