Phony GDP Growth
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All Comments (325)
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The GDP is a complete scam, of course the dollar goes down as it goes up!
If yesterday we closed with a 14.3 trillion GDP then today the banking system creates 700 billion in loans, then today's GDP will close at 15 trillion minimum but the dollar of course again takes a dive.
It's far simpler than what this man is conveying.
Monetized signature loans based on the FR monetized debt economy system are actually to blame. We do not have money, we have a credit line that is constantly increased.
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C(Debt) + Ig(Investment which there is barely any) + G(Government debt) + Xn(We don't have any)
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Schiff rules, all his accurate talk makes me worry though. I think people should be storing up on food. check out thefood.mysundanceglobal. com/
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@dankfizzy Well, you're just wrong and instead of looking at the historical facts as to why our Constitution exists, you just state your opinion as if it is fact. Our Constitution was written to protect the ruling class's property. This isn't a war of words this is historical fact, something most Americans like to ignore. Americans are politically illiterate and yet they like to act like they are experts at subjects they know nothing or little about.
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I'm sick of people talking about how they don't need the federal government and propagating this false notion that this country has a history of rugged individualism. The federal government made it possible for every state to exist. Every state was supported and financed by the federal government. Why don't you Know it All's try reading a history book? Do any of you know what preemption is and that it's part of the Constitution?
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@jjevans2009 You didn't say it was the primary purpose of the government to protect property though, you said that our Constitution exists to allow the government to protect property. When in fact the Constitution was written to restrict the Governments powers. I'm not looking to argue, I'm just pointing out something that I feel is an important fact. Not trying to begin a war of words.
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@dankfizzy I'm sorry if I sound harsh, but I think you haven't actually studied the Constitution, that you're just restating political rhetoric. Why did they write the Constitution? To restrict their power? No no no, the Articles of Confederation,our first Constitution,didn't give the federal government enough power,so a new document was need that gave them more power to do things like tax people. Also,the supremacy clause clearly states that the federal government gives the states their power.
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@dankfizzy Where did I get that idea from? Well, it sort of is what government's primary objective is. Actually, not even sort of, it is the primary purpose of government is to protect property. Also, the government isn't paying for cars people can't afford. And finally, I guess you don't consider the supremacy clause, which is in the Constitution, part of the Constitution. Or you don't know the history of America, and why the Constitution was written in the first place.



Obama fools his koolaid-drinkers once again!
JimboVids 2 years ago 6
What kind of moron are you?
Go tell the thousands of people who just lost their jobs yesterday and the millions that are unemployed that the
economy is recovering.
FUCK the Dow Jones numbers and FUCK Obama the lying sack of shit. I guarantee if you go and tell someone who is jobless that the Dow Jones is above ten thousand they will probably just punch you in the face and say who gives a flying fuck.
Burningphoenix888 2 years ago 4