by Greg Hunter
Karl Denninger of Market-Ticker.Org says both Romney and Obama are lying about health care reform. Denninger says drastic changes are coming no matter what, “. . . because the amount of money the federal government spends doubles every seven years . . . this is mathematically impossible.” Denninger says, “We either fix this or the government collapses along with society.” Denninger contends, “You have to kill the monopoly protections that the medical system has that prevent the free market from working.”
Think we can fix the economy of health care with Federal Reserve money printing or QE? Forget it! Denninger warns, “It is a huge tax increase. . . . It acts by devaluing your purchasing power, and it falls disproportionately on the poor and lower middle class.” Join Greg Hunter as he goes One-on-One with Karl Denninger of Market-Ticker.org.