I wish I couls show you this graph ron.
It is the world’s gdp matched with the world’s capital.
Since the 80’s or so world capital has increased exponentionally.
I did part of my masters paper on this capital inflation.
But, you can imagine it never happened, and call me a Ron Paulian.
Btw. The real American economy still produces enough to out compete most nations on the planet.
But, who wants a real economy?
I'd like to see it if you can locate it....I am always open to learning,
Btw. The real American economy still produces enough to out compete most nations on the planet.
I know that and agree, but in reality, what is it based on?
We certainly do not manufacture hard good, we off nothing tangible, it is all financial and based on balance sheets....which in the right hands can project anything you want them too.
Our economy is based on injecting 85 billion in funny money every month, numbers that do not get reflected in the overall "debt"...what happens when that stops?