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PETER SCHIFF What are the Threats to the US economy in the coming months

sven jacobs · 2017-11-24 · 유튜브 시청 2 · Board Views 8 · International

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Gary Kristensen the Fed is stuck in Hotel California you can't check out anytime you like but you can never leave Gary says the only way to leave is with a dramatic reset here sy by Gary Kristensen of deviant investor Hotel California and the Federal Reserve in 1977 the Eagles spoke to us about Hotel California lyrics are here a few lines from the song on a dark desert highway cool wind in my hair up ahead in the distance I saw a shimmering light than I was thinking to myself this could be heaven or this could be hell welcome to the Hotel California some dance to remember some dance to forget they reliving it up at the Hotel California we are all just prisoners here of our own device relax said the night man we are programmed to receive you can checkout any time you like but you can never leave the lines have been rewritten to fit the Federal Reserve the hypothetical hotel Marriner Eccles on a dark digital highway Kiwi rewarding my pals up ahead in the distance I saw a burning pyre of debt I was thinking to myself this should be heaven but it does he'll welcome to the hotel Marriner Eccles some pontificate to remember some lay to forget they reliving it up at the hotel Marriner Eccles we are all just prisoners here of our own device relax said the chairman we are programmed to deceive you can check out any time you like but you can never leave thanks to the efforts of the Federal Reserve u.s.

national debt in 1913 was three billion dollar today it exceeds twenty thousand billion dollar there is no plan to reduce or eliminate debt money supply has grown similarly debt has grown far more rapidly than the economy which must support the debt this model is not viable in the long term the debt will never be paid in today s dollars and debt cannot increase forever hence the debt will default by outright repudiation or default via inflation both will be painful who in their right mind believes that an economy can solve an excess debt problem with more debt the powers that be done t want the excess debt problem solved they want more debt like the Hotel California the debt based currency system lives on and we can never without a dramatic reset leave it dishonest money created by politicians and bankers is profitable for the financial elite it may look like heaven but it is hell for the poor and middle class the a lead want the economics came to continue the rest of us must protect ourselves gold and silver come to mind the econometrics models that supposedly guide the Fed are reminiscent of that edited line relax said the Chairman we are programmed to deceive you can't check out anytime you like but you can never leave in the financial world where actions eventually have consequences debt is growing explosively fiat currencies are continually devalued and currencies are issued by insolvent central banks and insolvent governments there will be a reckoning the reckoning will be lillestrøm attic if we are prepared understand the consequences of decades of bad monetary and fiscal policies trust hard assets instead of promises have gold and silver safely stored in a vault we are all prisoners of our own devices Gary Kristensen you Gary Kristensen the Fed is stuck in Hotel California you can't check out anytime you like but you can never leave Gary says the only way to leave is with a dramatic reset here sy by Gary Kristensen of deviant investor Hotel California and the Federal Reserve in 1977 the Eagles spoke to us about Hotel California lyrics are here a few lines from the song on a dark desert highway cool wind in my hair up ahead in the distance I saw a shimmering light than I was thinking to myself this could be heaven or this could be hell welcome to the Hotel California some dance to remember some dance to forget they reliving it up at the Hotel California we are all just prisoners here of our own device relax said the night man we are programmed to receive you can checkout any time you like but you can never leave the lines have been rewritten to fit the Federal Reserve the hypothetical hotel Marriner Eccles on a dark digital highway key we wrote more debt the powers that be don t want the excess debt problem solved they want more debt like the Hotel California the debt based currency system lives on and we can never without a dramatic reset leave it dishonest money created by politicians and bankers is profitable for the financial elite it may look like heaven but it is hell for the poor and middle class the elite want the economic skim to continue the rest of us must protect ourselves gold and silver come warding my pals up ahead in the distance I saw a burning pyre of debt I was thinking to myself this should be heaven but it does he'll welcome to the hotel Marriner Eccles sub pontificate to remember some lay to forget they re livin it up at the hotel Marriner Eccles we are all just prisoners here of our own device relax said the chairman we are programmed to deceive you can check out any time you like but you can never leave thanks to the efforts of the Federal Reserve u.s.

national debt in 1913 was three billion dollar today it exceeds twenty thousand billion dollar there is no plan to reduce or eliminate debt money supply has grown similarly debt has grown far more rapidly than the economy which must support the debt this model is not viable in the long term the debt will never be paid in today s dollars and debt cannot increase forever hence the debt will default by outright repudiation or default via inflation both will be painful who in their right mind believes that an economy can't solve an excess debt problem with

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