Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Sunday 12 May 2013
Fed Money Printing is No Longer Working: Karl Denninger Interview (April 30, 2013)
Karl Denninger of Market-Ticker.org says Fed money printing is no longer working, "We're seeing the leading edge of a great deal of softness, and this means the Federal Reserve's money games have run out of gas." A weak economy will be the backdrop for Obama Care in 2014, which Denninger says basically transfers healthcare costs to the government. Denninger warns, "If you shift more of the private expense into the government, all you do is bankrupt the government faster. How does this solve a healthcare problem?" Denninger says, "We are sowing the seeds of the next crash . . . and yes, there will be losses." Join Greg Hunter as he goes One-on-One with Karl Denninger of Market-Ticker.org.
