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Feeding that Nasty Expanding Money Supply Addiction Won t End Well.

Posted on April 03, 2008

When your dealing with an addict, you don t trust their word when they say they re going in the right direction when they won t admit they even have an addiction problem. That s the problem with our financial system. Consumers are addicted to credit and money supply expansion policies. Wall Street enjoys the comfy ability to profit from deals financed with money minted out of thin air. The banking system enjoys being able to profit from 90% loaning and deal-making with the money you think is there ready for withdrawal in your account and having the Fed bail them out when people act...

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