Money from Nothing: A Primer on Fake Wealth Creation and its Implications (Part 2)

[Owlet]

Today we present Part 2 of "Money From Nothing" by Zeus Y.


"Only in a debt-based money system could debt be curiously cast as an asset.We’ve made “extend and pretend” a quaint phrase for a burgeoning market for financial lying and profiteering aimed toward preventing the collapse of a debt- (or lack-) based system that was already doomed by its initial design to collapse. This primer will detail the major components and basic evolution of fake wealth creation, accelerating debt expansion, hollowing out of the economy, and inevitable financial implosion."

http://charleshughsmith.blogspot.com/2012/03/money-from-nothing-primer-on-fake_14.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+google%2FRzFQ+%28oftwominds%29

[gateley]

1. Thank you -- off to find part 1 now. I don't really understand the whole financial

system and it would behoove me to educate myself somewhat.

[avaistheone1]

2. Beware. More bubbles ahead.

k&r

[Ruby the Liberal]

3. Thanks! k&r

[Agony]

4. Poof, gone. And yet no prosecution, no investigation? Ha Ha Ha! POOF GONE. Love it...

MF Global: “We don’t know where 1.6 billion dollars of segregated accounts went.” Poof, gone. And yet no prosecution, no investigation? What if your personal bank said that? What if your pension said that?

What a fracking mess... Fake Wealth