Debt Is The Cause Of Economic Woes
January 25th, 2009 · by Bob Meyer · No CommentsInsights into the American Awakening Seminar
February 7, 2009 – Pocatello, Idaho
It determines what we eat, who eats and how food is produced.
It determines what we wear, what we drive and what we think of ourselves.
It determines our mental stress levels that cascade down into our physical health.
What is it? It is money - created and distributed by the financial system. And the substance of money is credit. And credit, by virtue of its character, spins off more debt than the economy (and human frailties) can manage. Over the last 12 years, for every $1 trillion in economic growth, debt in America grew by $4.6 trillion. Debt has and continues to grow faster than the economy - it is the only venue for invoking the credit that serves as our primary means of exchange.
The financial system has stumbled over its own money creation mechanisms that require massive debt build-up. As the physical economy continues to falter, it is obvious someone must take hold of the steering wheel that drives the creation and distribution of money – even if it means doing it in new ways.
Unveiled at the seminar will be the practical, powerful and easy-to-implement mechanisms available to the U.S. Government, the U.S. Treasury and the Federal Reserve to create and distribute money to fully restore the economy at no additional cost to the taxpayer.
Knowing how money is created and distributed is as important as voting. It is the most pervasive influence in every aspect of our lives – personal and professional.
We still have seating available for the American Awakening seminar. Our conference room is set up to expand should we exceed our attendance projections.
Touch the Soil…see our website for more:
SITE
Have you been reading the Tuesday Barter Report at BarterNews.com”
BN
This entry was posted on Sunday, January 25th, 2009 at 11:08 am and is filed under From The Street. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
