Money and Banking

Displaying 1401 - 1410 of 2008
Kevin Dowd

"The pensions/social security system is an intergenerational Ponzi scheme, the biggest scam ever invented."

Bettina Bien Greaves

But if the government itself prints additional dollars, then it is legal and it increases the quantity of money. And this is the monetary problem. Apart from the fact that this brings about a very bad situation for those people who were not receivers of the new additional money, because they have not received more money, they now face higher prices.