6 of 7 people found the following review helpful
A Must Read,
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This review is from: The Crash Course: The Unsustainable Future of Our Economy, Energy, and Environment (Hardcover)
Anybody who is trying to make sense of quantitative easing and money creation must read this book. It will change everything for you and remove the smoke and mirrors from the politicians statements and let you see what they are really doing to increase inflation to try and get rid of the debt at the expense of you and I.
The politicians have today 2nd Oct 2011 started buying company bonds direct from business. This means they print money and give it to companies in exchange for an IOU (a bond) which they then sell on the debt market (another name is the bond market). It is another way of increasing the money supply in the economy to stop a house price and economic crash. It devalues our savings and the money we have in the bank and our wages. It will end badly with a systemic failure of the banking system. At one time our currency was backed by gold, now it is backed by nothing but debt. A big crash must result which will destroy most of the middle classes.
Martensen takes away the smoke and mirrors. Learn how to protect yourself and profit from the coming crash. Read him.
James Black LL.B (Hons)