Video: Geithner Responds to Criticism by Krugman, Others About Taxpayer ‘Cash for Trash’
Comments
One Response to “Video: Geithner Responds to Criticism by Krugman, Others About Taxpayer ‘Cash for Trash’”-
Custom Search The Daily Graphic
Govt Hides Behind Cute Turtle
Click Graphic for More
Paper Reserve Banks are Powerless
———————————
What we are seeing is unwinding of 2000+ years of money fraud. Money is a token representing energy utilization and it should be redeemable in energy otherwise it is a huge scam, the dirty secret behind the wealth of Banksters.
Money or wealth tokens becomes a valid social contract or valid medium of exchange only when the issuers offer redemption against fixed quantity of food/fuel/energy. (What econ 101 don’t teach us, what autistic school of economists “desperately” tries to hide from public)
Reserve banks should have food/fuel/energy reserves to be called reserve banks!
Fed has “no energy reserves” so it has no influence on the real economy which runs on food/fuel/energy, this truth is getting revealed now.