EVERYTHING WE USE........cars, gasoline, corn, wheat, soybeans, stocks, bonds, real estate, labor, machinery, electronics, water, coal, lumber, clothing, eduation, health care....EVERYTHING....
has its PRICE set in an OPEN MARKET. Bids / Offers
There is ONE thing which is NOT determined by open auction, but rather determined by a small, secretive & powerful group of FALLIBLE men.
And that thing is.....
INTEREST RATES. The price of money.
Until the price of money is set in the OPEN MARKET, we will have two things:
#1 -- BOOMS
#2 -- BUSTS
And if you don't like either one, don't complain about it.
Until we ABOLISH the central bank or establish another mechanism for money creation, we will continue down this road.
I trade futures both ways, so I can handle the outcomes.
BUT IT'S A G*DDAMN SHAME WHAT'S HAPPENED TO OUR REPUBLIC.
If only the "public" was more knowledgeable about MONEY & ECONOMICS....