The Perfect Plan for Depression:

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By Mike Folkerth (about the author) Page 2 of 2 page(s)

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Our monetary system and our physical system of land and resources are in direct conflict. One is infinite the other finite. As a nation, we long ago passed the point of solvency by creating money with a 24 hour printing press that is backed by nothing more than a belief that Americans can be taxed in ever greater amounts to make good on the interest.

At some point, printing worthless money will no longer be an option, as there will no takers for purchasing the notes that back the valueless paper. So now we have the perfect plan for depression.

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Mike Folkerth is the author of "The Biggest Lie Ever Believed" and is not your run-of-the-mill author of finance and economics. The former real estate broker, developer, private real estate fund manager, auctioneer, Alaskan bush pilot, (more...)

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