Jason Hamlin – Bernank: The Wizard Of The Fed Controls Your Wealth And Future

from FinancialSurvivalNet

Jason Hamlin, of GoldStockBull.com agrees with FSN that the only way out of this permanent economic sink hole the world finds itself in is a Debt Jubilee. Without getting into the Biblical origins of the concept, man seems to have an inate ability to borrow himself into bankruptcy. It’s just human nature. After all, why put off for tomorrow what you can get on credit today. Therefore, any sound economic system must be based upon encouraging savings and discouraging consumer debt. Otherwise, a debt bubble is inevitable and systemic collapse will occur shortly thereafter. How many times must this cycle be repeated before humanity finally learns its lesson?

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1 comment to Jason Hamlin – Bernank: The Wizard Of The Fed Controls Your Wealth And Future

  • FLBandit98

    The FED along with our government systematically devalues the dollar by monetizing our national debt. This is fuled by our corrupt government that refuses to balance their budget!! They could tax every working American 100% of our income for the next 150 years and it still wouldn’t be enough to pay this debt back. So once the dollar is completly worthless how will we survive?

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