Quantitative Easing for Dummies - Hilarious!

A hilarious run down of the Economic Crisis in Europe from Clarke and Dawe. Unfortunately I can only find it on Facebook but its still great quality, enjoy.

Quantitative Easing for Dummies

If you want to watch any more videos from these guys heres their website or some of their videos on ABC

reply to post by Dionisius


Very Funny................. would be even more funny if it wasn't TRUE !!

Cheers

PDUK

it's true. this society is so flawed that the only way you get people to do something is to restrict the flow of money.

if each person owned an official government miniature money printer at home, each person was allowed to legally print $5000 a month for expenses but you were only allowed to own one if you worked and you recieved no paycheck, people would be better off than they are now.

and if everyone was allowed to print unlimited amounts of money at home, who would work. who would go and pour pavement on highway's 12 hrs a day.

who would raise 5000 head of cattle so you can have steak. or grow 25,000 head of lettuce, if everyone had money and had no need to work.

we'd all starve to death, but at least we'd all have $50 million each in the bank.

the money supply is artificially restricted to prevent that scenario. it's not an accident that 10 people are fighting for $1.

right now there is lack of money for the people to spend and every time the government tries to infuse money, it goes to paying off debt. it's going to banks and not the people.

the government should print money to cover it's expenses, like pay and contracts and stop collecting taxes for our work.

it's a good balance.