Use access key #2 to skip to page content.

alstry (35.38)

The PROBLEM Of Printing TRILLIONS

Recs

9

April 11, 2011 – Comments (1)

When you print Trillions of dollars out of thin air, as opposed to producing for the money, soon PRINTING becomes the driver our system.  The printing becomes the key reason we generate taxes, sales, and "profits."  It is what drives the wealth of the rich and it is what drives the "SYSTEM."

When you function as a dictatorship, printing is easy because the dictator gets the money, and most accept it.

However, when you function as a democracy, BIG questions arise who should get the printed money?

Teachers, Bankers, Police Officers, Politicians, Students, Rich, Poor, Fathers, Mothers, Small Businesses, Farmers, Soldiers, etc.....They are all consumers and collectively necessary in a consumer economy and collectively systematically important..

The moral/legal answer is none of the above.

When you have to PRINT money to maintain any system, it's time to restructure the system.  Something Alstry has been advocating since he started blogging.

NOTHING IS TOO BIG TO FAIL TO FORCE MONEY PRINTING.....if it is, the SYSTEM has failed.

1 Comments – Post Your Own

#1) On April 11, 2011 at 8:08 AM, alstry (35.38) wrote:

And if you keep printing....pretty soon, the world calls BS and rejects your currency.

At that point, you can either beg them to accept your money for trade or force them to accept your money for trade.  Either can work, but eventually you should expect someone to push back.

http://www.marketwatch.com/story/us-treasuries-pozi-scheme-says-ex-pboc-adviser-2011-04-11

Report this comment

Featured Broker Partners


Advertisement