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The Federal Reserve: The End Is Near
The Fed’s latest round of QE3 is a suicide pact. By embracing on going systematic money printing, we’re only a black swan away from complete and utter financial collapse. Which means that you need to prepare and get ready. The only question is why did it take them so long? And clearly they decided that they couldn’t hold off any longer. Everyone knows that QE1 and QE2 were unmitigated failures and there’s no reason to expect why QE3 is going to be any different. And it won’t be because you don’t cure insolvency, which means that your debts exceed your assets, by going further into debt. The only way is to liquidate the debt, which no one wants to do.
Bill Holter joins Kerry Lutz of the Financial Survival Network to discuss QE3:
The Federal Reserve: The End Is Near
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2012-09-18 19:04:50
Source: http://blog.milesfranklin.com/the-federal-reserve-the-end-is-near
Source:
There is another way, and that’s to tell the banksters to eat their debt — for us to simply stop paying them, and remove ourselves from their unconstitutional debt enslavement. Yes, it is that simple.