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


To: arun gera who wrote (107417)2/20/2010 10:38:24 PM
From: Skeeter Bug1 Recommendation  Respond to of 110194
 
>>If this debt creation increases productive activity (goods, services) at a certain rate, say 5 percent, then if money supply is created at about the same rate, then the money supply is a fairly close estimate of the productivity of the society.<<

imho, that's the wrong analysis. the right analysis is why in the world a society give a few people the right to write a number in a ledger and collect $100s of billions in interest for the documenting a number in a ledger.

why?

>>Now, if US creates dollars through federal government debt, and then gives them to China, and China produces good and services at the a certain rate, then the total productivity of the world has gone up, and those additional debt created dollars now reflect the new goods and services that are available to the world (and americans).<<

let's see, the main driver behind the money debt link and the off shoring of jobs is...

big money center banks on wall street and in europe.

all the more reason to kick them out of the process.

swarmusa.com

ps - if wee don't kick them out of the system, they will eventually take it over. in case you didn't know, they aren't very nice people.

they will rob your liberty like they robbed your wealth.