engineered 2009 depression 1of2 explained by Richard C Cook

Alex Jones interviews Richard C Cook about the economy

recorded on March 3rd 2009

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[pshinspections]

"Patriots keep the factories open"

The factories are gone and the patriots are either broke or under control of the elite and have no power over anything more than what they can hold as individuals. Sad, but true. I love my country but not my government. Government has overshadowed the nation and cannot reverse to its former position of humility in the face of taxpayers. Socialism has never grown humble.

[THEBEASTOFOLD]

The reason for deflation is because our government is printing money as fast as they can spend it! The fed just this week spent one and a quarter trillion dollars on our own debt because not one else would buy treasury bonds! They made that money out of thin air people.

Once you start to see the fed do things like that you can be sure the shit is getting ready to hit the fan very soon!

This country and it's people are so fucked!

[modelmark]

@THEBEASTOFOLD money creation out of thin air is usually not predicting deflation but inflation

[Ibicella]

I think you actually mean "inflation" in this comment. Deflation comes when there is less money in circulation, driving prices down because people only have so much to spend. Inflation comes when there is more money in circulation, driving down the value of the currency, so that people have to pay more to buy the same things.

[codematrix]

The collapse of the world economy is by design. The plan is to have the world at each other's throats, via financial Armageddon, starvation, disease and war. Once a couple of billion people cease to exist, a new order will arise. A single government, installed, begged for by a battered civilization, in a world where martial law has long been prevalent, to never be removed in the name of order, the New World Order.

[Entropy137]

dude. Read the quote carefully. Inflation....Deflation....Infl­ation....Deflation

You meant to type inflation right?

[pshinspections]

Some of us here are indeed prepared to profit from this depression. Don't kid yourself. True, most ignored the warnings and chose to live in credit. Some of us listened, researched, then acted to preserve wealth. Bring it.

[THEBEASTOFOLD]

That is right,look it up for yourself!

By printing money with out anything backing it they are killing the value of the US dollar. Which is why most countries are not buying our debt anymore. They know that if we keep doing this same shit that our money will be worthless and they want no part of it!

[Entropy137]

"The reason for deflation is because our government is printing money as fast as they can spend it!"

um....right....

[dave777blaster]

No the reason of the deflation is that the American consumer is maxed out

and they are no longer functioning in the market place as they once did.

no longer buying as much no longer looking for credit.

This was known by the banks that is why they deregulated it all to try and keep it all afloat hoping it would all come back

but if you take away the high paying jobs you can not expect the system to function as it  once did.

The reason American will never fully come back again ever is the NWO