Tuesday, 3 December 2013

http://www.maxkeiser.com/2013/11/why-is-debt-the-source-of-income-inequality-and-serfdom-its-the-interest-baby-2/

Thank you, D.L.J. and Harun. What is the alternative to the present system of debt serfdom and rising inequality? Eliminate the Federal Reserve system and revert to the national currency (the dollar) being issued by the U.S. Treasury in sufficient quantity to facilitate the production and distribution of goods and services.
Is this possible? Not in our Financialized, Neofeudal-Neocolonial Rentier Economy; but as Harun noted in another email, “Governments cannot reduce their debt or deficits and central banks cannot taper. Equally, they cannot perpetually borrow exponentially more. This one last bubble cannot end (but it must).”

Read more at http://www.maxkeiser.com/2013/11/why-is-debt-the-source-of-income-inequality-and-serfdom-its-the-interest-baby-2/#WstBOMSoAq3iBuu8.99
Thank you, D.L.J. and Harun. What is the alternative to the present system of debt serfdom and rising inequality? Eliminate the Federal Reserve system and revert to the national currency (the dollar) being issued by the U.S. Treasury in sufficient quantity to facilitate the production and distribution of goods and services.
Is this possible? Not in our Financialized, Neofeudal-Neocolonial Rentier Economy; but as Harun noted in another email, “Governments cannot reduce their debt or deficits and central banks cannot taper. Equally, they cannot perpetually borrow exponentially more. This one last bubble cannot end (but it must).”

Read more at http://www.maxkeiser.com/2013/11/why-is-debt-the-source-of-income-inequality-and-serfdom-its-the-interest-baby-2/#WstBOMSoAq3iBuu8.99

What is the alternative to the present system of debt serfdom and rising inequality? Eliminate the Federal Reserve system and revert to the national currency (the dollar) being issued by the U.S. Treasury in sufficient quantity to facilitate the production and distribution of goods and services.
Is this possible? Not in our Financialized, Neofeudal-Neocolonial Rentier Economy; but as Harun noted in another email, “Governments cannot reduce their debt or deficits and central banks cannot taper. Equally, they cannot perpetually borrow exponentially more. This one last bubble cannot end (but it must).”

Read more at http://www.maxkeiser.com/2013/11/why-is-debt-the-source-of-income-inequality-and-serfdom-its-the-interest-baby-2/#WstBOMSoAq3iBuu8.99
Thank you, D.L.J. and Harun. What is the alternative to the present system of debt serfdom and rising inequality? Eliminate the Federal Reserve system and revert to the national currency (the dollar) being issued by the U.S. Treasury in sufficient quantity to facilitate the production and distribution of goods and services.
Is this possible? Not in our Financialized, Neofeudal-Neocolonial Rentier Economy; but as Harun noted in another email, “Governments cannot reduce their debt or deficits and central banks cannot taper. Equally, they cannot perpetually borrow exponentially more. This one last bubble cannot end (but it must).”

Read more at http://www.maxkeiser.com/2013/11/why-is-debt-the-source-of-income-inequality-and-serfdom-its-the-interest-baby-2/#WstBOMSoAq3iBuu8.99

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