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Guest Post: What Happens When All The Money Vanishes Into Thin Air?

Submitted by Charles Hugh Smith from Of Two Minds What Happens When All the Money Vanishes Into Thin Air? Issuing debt and printing money do not create wealth. All they can create is a temporary illusion of wealth. I could have written "if all the money vanishes," but that would be misleading, for all unbacked money will most certainly vanish into thin air. The only question is when, not if.
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Guest Post: Made In U.S.A.: Wealth Inequality

Business & Finance : Zero Hedge (3 years ago)

Submitted by Charles Hugh Smith from Of Two Minds Made in U.S.A.: Wealth Inequality Here's the Great Game: mask the nation's rising wealth inequality with Central State spending that keeps the debt-serfs passive--all funded by debt,... Read Post

Guest Post: What Happens When Phantom Profits Vanish?

Business & Finance : Zero Hedge (2 years ago)

Submitted by Charles Hugh Smith from Of Two Minds What Happens When Phantom Profits Vanish? As the U.S. dollar strengthens against other currencies, the phantom corporate profits generated by a devaluing dollar will vanish. One of t... Read Post

Guest Post: Our Counterfeit Economy

Business & Finance : Zero Hedge (3 years ago)

Submitted by Charles Hugh Smith from Of Two Minds Our Counterfeit Economy The U.S. economy is in effect a counterfeit economy, living on money created from thin air that is unbacked by an equivalent productive expansion of surplus v... Read Post


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