“There is no way to save the current system…”
Evidently John knows basic math! Yes, I agree with him on that point, our monetary system is in a terminal phase, debt backed money is destined for that outcome from the start.
The question then becomes, can we transition to a new system without crashing the global economy. I used to answer that it was not possible, much like John Williams. However, I now see a way to make the transition without taking decades, I’ll be laying that out pretty soon, I know I’ve been saying that for awhile, thanks for your patience. The point here is that the NEED FOR CHANGE IS REAL. It would be nice for people to understand and push for real change BEFORE the end game arrives!
Williams sees the end of our currency through hyperinflation… we are going to have a wild ride regardless of the path taken. Worth a listen, this interview is about 30 minutes long.
John Williams interview, mp3
Link to King World News
Economic News , Data & Views .....September 29 , 2016........ Quick Hits For Thursday - 1) Markets & Market Moving News : Japan - BoJ Lowers JGB 5yr -10yr Purchases From 430bn Yen To 410 Bn Yen , Japan Data Splash ( Industrial Production , CPI , Jobless Rate , Consumer Household Spending) ; Asia ( TH ) , Europe & US Stock Market News , News Of the Day Moving Stocks/ Bonds/FX & Commodities ; Additional Items Of Note. 2) Troubled Banks Lead US Markets Sharply down , Despite Buoyant Asian & Lukewarm European Markets ; 3) Odds & Ends - US Today Pans Trump , Turkey Purge Items , Saudi Items Of Note , Libya Matters For Today , Hanjin Shipping Item , India-Pakistan Tensions Rising , PSOE Political Drama , Additional Items !
1 hour ago