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short video explains how the U.S. creates money out of thin air

post #1 of 3
6/22/10 at 8:36am
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http://www.youtube.com/watch?v=Txi8sXO16VU

I don't know how true this is. It sounds legit. But what do I know?
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post #2 of 3
6/22/10 at 9:15pm
Wow, that is an eye opener! Maybe I should start investing in gold. Of course, if no one has the money to buy it (if all these loans can't be paid on), then I'm basically screwed either way.

Definitely makes you think. I never had it explained to me quite like that. Thank you.
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post #3 of 3
6/23/10 at 7:49am
Thread Starter 
Quote:
Originally Posted by calico2222 View Post
Wow, that is an eye opener! Maybe I should start investing in gold. Of course, if no one has the money to buy it (if all these loans can't be paid on), then I'm basically screwed either way.

Definitely makes you think. I never had it explained to me quite like that. Thank you.
Well Calico, I don't know how true it all is, but it made me go "Hmmmm"

Also, I heard the price of gold is at an all-time high -- so now might not be the right time to buy.
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