Saturday, October 3, 2009

Dollar and Stock Fantasies

Please have this guy read my dollar posts...clearly he does not understand that the Fed does not create the money - the banks do. If they don't lend money is not being created. If they call in loans then money is contracting...but this guy's a rocket scientist - he says "...its SDR's stupid?"

"Every day is christmas...don't worry everything will be fine over time if you buy quality..."
click to hear the audio

Clearly there is a tremendous misunderestimating of the misunderstanding of how the economy functions and how the money system works...and these guys are on TV? wow.
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