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1.15 MiB | 0 | 0 | 0 |
This is a steady progression of more and more debt, slowly and over time. There is no up and down short term trend. The trend is constant and in one direction. This reflects the mathematical nature of the debt, and the 100 percent control over the money that the Federal Reserve enjoys. The net effect is just a few percent per year, but the long term results are horror. Assets are stripped away from the real economy and moved over into the financial sector and offshore accounts controlled by hedge funds, private equity, old money, foreign dictators, and other such types.
Power Currency addresses this. Power Currency is money backed by renewable energy. It can be made and used by anyone.