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Check This Out

PostPosted: Sun Apr 01, 2012 8:22 am
by beauanderos
Short eye-opening video that is well worth watching

http://www.zerohedge.com/news/how-fund-government-year

Re: Check This Out

PostPosted: Sun Apr 01, 2012 9:03 am
by 68Camaro
And TPTB know this. So, what's their plan? a) get theirs while they can and ensure it is in something physical, before it all comes down, and b) inflate the fiat currencies to either "solve" the deficit so that paying those future promises becomes technical possible but physically meaningless (i.e., no social security, no federal pensions, etc), and/or cause the existing fiat to collapse completely so that a new system has to be created - probably solely electronic - and even more in their control.

Re: Check This Out

PostPosted: Sun Apr 01, 2012 9:26 am
by Z00

Re: Check This Out

PostPosted: Sun Apr 01, 2012 3:19 pm
by Engineer
68Camaro wrote:And TPTB know this. So, what's their plan? a) get theirs while they can and ensure it is in something physical, before it all comes down, and b) inflate the fiat currencies to either "solve" the deficit so that paying those future promises becomes technical possible but physically meaningless (i.e., no social security, no federal pensions, etc), and/or cause the existing fiat to collapse completely so that a new system has to be created - probably solely electronic - and even more in their control.


c. All of the above. The millions of repo'd houses the banks are sitting on represent a store of real wealth.

I expect some of the big changes to happen in late 2013 at the end of the Fed's 100-year charter.