Generations Radio

Elon Musk, Bit Coin, and Debt Monetization - One Gigantic Ponzi Scheme



Has the US become one big Ponzi scheme---Has the character of the nation come to the point that only Ponzi schemes hold any real interest on the part of investors and voters---We discuss the most unprofitable company in the world, and the profit it pulls from legalized extortion plots.--The Federal Reserve stepped up debt monetization in 2008'ish, but as of 2020 the Fed is monetizing debt like it's going out of style.--A few years ago, only 11- of the debt was monetized. Now we're looking at 27-.--And, roughly 90- of the -4.5 trillion last year was monetized. In case our listeners are unaware of what fractional reserve banking and debt monetization looks like, we provide a little allegory to help out.----This program includes-----1. The World View in 5 Minutes with Adam McManus -Johnson - Johnson COVID vaccine is -morally compromised-, Evangelist Luis Palau Faces His Final Days, Former aide to NY Gov. Cuomo goes on TV about sexual harassment-----2. Generations with Kevin Swanson