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“A Mathematical Certainty”
from TF Metals Report:
I found this at ZeroHedge a few days ago and I like it so much that I contacted the author via twitter to ask if we could reprint it here. He accepted the invitation I’m very please to post it here as required weekend reading.
So what is it about this piece that makes it such an important read? It’s this…
How many times have you looked around and thought: “Gee, my wife and I work our butts off and still can’t get ahead. My parents were able to work, save, put kids through college AND have money left over but my generation can’t possibly do that. It takes everything we have just to stay afloat.”
The answer to this question lies with The Federal Reserve system and the unlimited creation of fiat dollars demanded by politicians and bankers since the closing of the gold window in 1971. In the article below, the author explains in relatively plain English excatly how and why this is the case. It’s a must read for everyone and it’s also something that you should print off and add to your SFP (Stack For Posterity)…and, no, this is not meant as a ringing endorsement for Sanders 2016. The video just comes with the article.
I recently watched a video clip of Bernie Sanders laying the boots to Alan Greenspan back in 2003, for Greenspan’s seemingly out of touch perspective of the average American. Now while we do have a repentant banker in Greenspan, a rare phenomenon for sure, I found the scolding interesting in that essentially every accusation Sanders lays on Greenspan could be repeated today to our subsequent central banking gods. During the video notice that all the figures Sanders explicates not only remain true today but have gotten far worse. Particularly note the national debt figure which has now increased by more than 400% since then!!! The clip is well worth the 5 minutes.
