What's Wrong With The Economy?

Heck! What's right with it these days, aye? Be that as it may, the trouble with the economy is very basic and simple to comprehend. If we had a legal free market and banking system as called for under the U.S. Constitution, then the price of goods and services would be very easy to calculate. Things would cost just what supply and demand dictated, described by the great economist Adam Smith as "the invisible hand." The desirable aspect of this form of economy is prices remain very stable.

Unfortunately, we must operate in a fiat money economy like everybody else including Castro's slaves. Under this scheme, the money supply is expandable and contractible. This is known as inflation and deflation. Prices therefore are set due to the supply and demand for goods and services but also depending on how many units of currency have been put into circulation. Only the banksters in the central banks like the Federal Reserve know how much money is created so only they have the insider knowledge as to what prices should be for goods and services. The rest of us are just guessing since we are not permitted to know the amount of money that is being created. This go around lots of people guessed wrong about things like stocks, Real Estate and oil.

But I know this amigos. We are in a deflationary spiral like in the great depression. The banksters are only concerned with "saving the system." That means their fake fiat money swindle and the secrecy about how much is being created so only they can profit consistently. If Obama and the Pips singing on the hill really wanted to help Americans and the economy they would obey their oath of office and ban fiat money in lieu of Constitutional gold and silver money. With gold and silver money everybody's cards are on the table because the money supply is public knowledge and cannot be inflated unless a huge mineral find is in the picture...and that would be a good thing.