Tuesday, October 23, 2012

Short on Money? Just print some... Easy-Peasy!

This sums it all up in a nutshell. 
 OBAMA VOTERS, EXPLAINED:  A postage stamp is sufficient to write what these people know about the economy.  
 
For all you who think you can create jobs with a health care system, or easing interest rates, this is what's going on right now.. we are just printing the economy. No one's buying the bonds that back up that printed money, they're just sitting there at the Treasury. Who isn't even trying to sell them.
To follow up on the inevitable results, research 'Weimar Republic'. In case you dont get it, the value of the dollar is not based on the barrel of oil, it's the other way around. Just over ten years ago the floor price of oil was $20.. 5 years ago it was $40, now it's over $80.