scotty1560

Our Economically Frugal Present

worth repeating from "acudoc"

"When you allow a privileged elite to control the issuance of money based on debt, of course you must eventually have a correction. This is the mother of all corrections and all the pundits are running around like chickens with their heads cut off----how do we fix this, how do we fix this, how do we fix this? IT CAN'T BE FIXED! Go ahead, re-arrange the deck chairs on the Titanic all you want. The unconstitutional debt-based, fractional-reserve, fiat money system is itself the problem. When even Nobel Prized winning economists cannot see the root of the problem and continue flailing away ineffectually at the branches, you know we are in for some turbulent times that will eventually humble even the most arrogant, and necessitate a return to honest money and ethical, 100% reserve banking administered as a service to society rather than as a scam to screw the productive class. "

The economy will need re-structuring. Financing schemes, entitlements,tax
laws, government spending, government created inflation, taxation have
really pushed the limits of society about as far as possible- I'm
afraid is leadership doesn't find a leader willing to address these issues ,
than we are headed for certain destruction in the next 5-15 years. One
can assume we are headed for higher taxation, directly or indirectly, and
much higher costs of living through inflation.