The Grand Illusion

Financial Sense University ^ | February 18, 2009 | Richard K Brawn

[verklaring]

Snip: The machinations between the FED and the US Treasury, have taken the word bamboozle to new heights. Here is an example. ....

Zero dollars becomes $100 billion in capital.

[verklaring]

The financial shell game that is being played

[PGalt]

I just saved a bunch of money on my con-game by switching to Geithner.

Very good article. Thanks for posting.

[RC one]

The only financial system that makes any real sense is a pure barter system. Fractional reserve banking with unfunded paper currency is just nuts. We never should have let private banks control our money supply and we never should have let our curency become decoupled from precious metal. Perhaps when the dust finally settles from this current crisis, we can get back to a more stable currency and a more perfect union with our government.

[KTM rider]

they loaned out money that didn't exist at such a high cost that the borrowers couldn't pay,

then the music stopped and they were left standing without a chair

[rawcatslyentist]

Zero dollars becomes $100 billion in capital.

Welcome to the begginning of the end of the new Wiemar collective.

[verklaring]

Or new Zimbabwe

[GoDuke]

Bookmark for later.

[M. Espinola]

The Insiders are already working on Bailout #3.

[paulycy]

I just saved a bunch of money on my con-game by switching to Geithner.

Ba dum bum. Chhhh. :0)

[CPOSharky]

The only financial system that makes any real sense is a pure barter system.

Ammo and toilet paper.

[RC one]

food. Booze. guns. cars/trucks. livestock. etc.