Hollowing out our economy

Debt, deficit and Quantitative Easing are all hollowing out our economy.  Our economy is built on a strong base of things of real value.  These things are houses, businesses, vehicles, land, human capital, natural resources, among much else. While everything is consumable many things hold their value for many years or even decades, at any given time you can put a worth on everything and come up with a value.  The deficit and debt trades that worth to promises to pay in the future (IOUs).  Quantitative easing takes a given amount of capital representative by currency and add currency without adding capital, thus making the capital have to stretch over more dollars.  These things hollow out our economy, creating an economic void that is under the surface and hard to see, creating a potential for an economic crash.     

 


Comments




Leave a Reply

    Bill Haley

    Bill Haley started Haley2024 in the spring of 2013 in an effort to do his part in restoring freedom to America

    Archives

    April 2016
    March 2016
    November 2015
    September 2015
    December 2014
    September 2014
    May 2014
    April 2014
    November 2013
    September 2013

    Categories

    All
    Solutions