The Fed Says Americans are Hoarding Money!
invite response
2014 Sep 2, 9:32am 24,352 views 52 comments
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indigenous
2014 Sep 3, 11:44pm
We dont produce more stuff we just produce more dollars
There will be a re balancing willy nilly. And it is going to be ugly.
Not just regarding the financial services but with foreign trade.
If you look at it as Chris Martenson does we have peak oil, peak economy (leverage) and peak environment. I think technology can solve the energy and environment but the leverage of everything financial has got to change to sound money. Regardless of anyone's disposition, it will change willy nilly.
smaulgld
2014 Sep 3, 11:51pm
If you look at it as Chris Martenson does we have peak oil, peak economy (leverage) and peak environment. I think technology can solve the energy and environment but the leverage of everything financial has got to change to sound money. Regardless of anyone's disposition, it will change willy nilly.
good point, you can use technology to solve your energy problems but not your debt ones
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http://finance.yahoo.com/news/fed-us-consumers-decided-hoard-191919676.html
They print $4 trillion give it to the banks and wonder why people aren't spending money they don't have!
#investing