Friday, September 2, 2011

The Economics of Deflation | Jörg Guido Hülsmann



Yes DEFLATION! The opposite of inflation and I'm not making a joke here. Every corrupt bank and government entity would be wiped out by deflation. It would also wipe out all debt held by the public, not a bad thing at all if you understand free market economics.

For you to understand this your going to need to read this book (48pages) Deflation-and-Liberty and watch this video.


Yea I know your going to have to learn something!!

If this policy of simply not printing money and zeroing out the FED's held debt as well as the governments debt. Massive deflation would occur destroying the political economic establishment, ending the depression and leaving the average man relatively unscathed, Watch the video as to why the average Joe would survive and thrive.

P.S. Watch any Ron Paul interview where he gets asked about how to create jobs and improve the economy ... he doesn't say it but it's obvious, DEFLATION! ... Gold standard = deflation, liquidate debt = deflation, stop printing money = deflation, let the to big to fail's go bankrupt = deflation


No comments:

Post a Comment