Government has evolved into a Ponzi scheme dependent on two strategies. The first is spending ever more of other people’s money on themselves and toward their re-elections. The second is pretending what they do has no cost — to the productive, to the economy, etc.
Post Tagged with: "central bank"
October 28, 2013 05:35
A Code Red World
Central banks and governments try to induce consumers to spend to help the economy while they take money away from savers who would like to be able to profitably invest. Rather than inducing them to consume more, they are forcing them to spend less in order to make their savings last through their final years!
September 18, 2013 14:45
The Need for a New Economics
Economic conditions can change overnight when power is dispersed and the surprises of human creativity are released.
July 16, 2013 06:52
Is This Country Different? Will the Big Bang Be a Shock?
The biggest risk is that created by our own politicians and institutions – by those we trust to somehow protect us from risk.
March 30, 2013 11:52
Cyprus Has Finally Killed Myth That Liberal Government Is Benign
Oh, you’ll read the stories about how many medications aren’t being imported in Greece, sheets are being re-used in hospitals, suicides have skyrocketed, and trash collection is erratic at best, but these articles are few and far between. The dire conditions and the depopulation of Ireland and Latvia get even less press.
March 8, 2013 06:58
Federal Reserve Constitutional or Merely Legal?
In practice it has turned our limited government into an out of control leviathan crushing the free out of our free market and sucking the liberty out of the American experiment.
February 1, 2013 05:47
Who Runs The World? Solid Proof That A Core Group Of Wealthy Elitists Is Pulling The Strings
They use a vast network of secret societies, think tanks and charitable organizations to advance their agendas and to keep their members in line. They control how we view the world through their ownership of the media and their dominance over our education system. They fund the campaigns of most of our politicians and they exert a tremendous amount of influence over international organizations such as the United Nations, the IMF, the World Bank and the WTO.
December 11, 2012 04:45
1992 Prediction of America’s Death – Milton Friedman
“The most unresolved problem of the day is precisely the problem that concerned the founders of this nation: how to limit the scope and power of government. Tyranny, restrictions on human freedom, come primarily from governmental institutions that we ourselves set up.”
September 6, 2012 09:08
Ten Major Economic Headwinds – besides Obama
Central bankers and economists are so wrapped up in warped mathematical formulas they fail to understand the obvious. The answer, which they refuse to accept, or even consider as a possibility, is that central bankers and the monetary system itself are the problem.
June 13, 2012 09:10
Beck Explains Why the Federal Reserve Is a Complete ‘Scam’
Why is the Fed so secret? Why does it hold more debt than even China? Why do we have to pay interest on money they create? Who owns the Fed? Glenn Beck raises these questions and more. From GBTV.
