If all money is created through lending, and all loans have interest, then there will always be more debt than there is money.How can we be expected to pay more money than exists to afford the principle plus interest?
Today's fed meeting is where it all goes downhillThey're officially reducing the $4.5T balance sheet (likely much higher unofficially), starting at $10B a month. This balance sheet was built up in order to prop up the economy, and somehow they think winding it down won't crush us. Let's see how...See More »
The senior executives at Equifax should be in jail for waiting a month to tell us that our data was stolenAnd selling off millions in shares in the meantime...
Do you ever think through the things you take as truths, plucking from your memory the ones which you have no good reason to believe?