“It’s the destruction of the currency that destroys the middle class. There’s a principle of free market thinking that says destroying the value of the currency through inflation, you transfer the wealth from the middle class and it gravitates to the very wealthy. The bankers, the government, the politicians – they all love this. It is the fact that the Federal Reserve is the facilitator. If you like big government, love the Fed. They can finance the wars and all the welfare you want … but your country ends up in a crisis. It’s a solvency crisis, and it can’t be solved by printing a whole lot of money,” he concluded.
....By Tim
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