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Martin Armstrong--Debt is Money Which Is Why We're All Going Broke--Part 2-09.Aug.12

  • Broadcast in Finance
Financial Survival Network

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Martin Armstrong the legendary cycle investor shared his thoughts on where the world economy is heading, and it ain't pretty. The good news is that he doesn't believe that hyperinflation is possible within the US. The bad news is that the current system is spinning out of control and there's no one watching the store, especially when it comes to the real money supply. Banks and financial institutions use the ever increasing supply of sovereign debt to further inflate the supply of money. And it all comes back to the US, where it faithfully earns interest and further depletes the

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