The Deflationary Scheme
May 5, 2009
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How Power Brokers Could Confiscate Private Property
Kevin Swanson plays the "If I were my evil nemesis" game, on this edition of Generation. Suppose somebody were interested in turning a free nation (like America, say), into a Marxist or a socialist country, what would they have to do? Put an entire economy under the control of the federal reserve system, and encourage as much debt as possibly by inflationary policies over about 80 years. Then in the ensuing depression, pull the deflationary rug out from under the enslaved debtors. Could it happen here? It's already happening. Brad Hamill joins Kevin Swanson in studio to give us a lesson in Economics 101 on this edition of Generations.
Kevin Swanson plays the "If I were my evil nemesis" game, on this edition of Generation. Suppose somebody were interested in turning a free nation (like America, say), into a Marxist or a socialist country, what would they have to do? Put an entire economy under the control of the federal reserve system, and encourage as much debt as possibly by inflationary policies over about 80 years. Then in the ensuing depression, pull the deflationary rug out from under the enslaved debtors. Could it happen here? It's already happening. Brad Hamill joins Kevin Swanson in studio to give us a lesson in Economics 101 on this edition of Generations.
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