Saturday, September 15, 2012

Money created via Debt


Competitive Currency Devaluation: a method in which grants the US ( Federal Reserve) the divine power to print infinite amount of money at will to finance its budget deficits and conduct lavish economic bailouts without worrying about currency devaluation, thus giving the Fed every reason to print money at no cost while driving the nation into perpetual debt. Money created via Debt = a legalized ponzi scheme.