You Are In The Ponzi Scheme Whether You Realize It Or Not (Video)

You Are In The Ponzi Scheme Whether You Realize It Or Not (Monty Pelerin’s World, July 2, 2013):

The reasons for continuing to participate in stock markets are discussed in this video from Gordon T. Long and John Rubino. It all comes down to liquidity (and little else).The liquidity fraud is well advanced and likely will continue. This worldwide Ponzi scheme, engineered by governments, provides massive risks and opportunities. For those who don’t understand what is occurring, there is much to be gained from this presentation.

Mr. Rubino describes the problem the Fed’s liquidity has created. Bubbles are re-inflating just as they did prior to the 2008 collapse. Why shouldn’t they? The exact same scam is being perpetrated by government.  Another collapse will eventually occur, but its timing and form can only be speculated on.

Rubino does a good job of explaining Ludwig von Mises’  ”crack-up boom” which will ultimately destroy fiat currencies. That end leads to extremely high, probably hyper, inflation. The pieces are already in place for this outcome. All that has to happen is for banks to begin normal lending or for people to understand what is happening (or going to happen) to the value of currency. Something will ignite the timber.

Charles Ponzi and Bernie Madoff had to lure marks into their scams. People joined them by choice. The Ponzi scheme operated by governments is mandatory. You are in it whether you want to be or not. You are in it whether you realize it or not. The only issue is to decide is what the best way is to play this Ponzi scheme. Long and Rubino discuss your options.


1 thought on “You Are In The Ponzi Scheme Whether You Realize It Or Not (Video)”

  1. Those willing to play their shell game are declining. This is why the UK just doubled the rates on their student loans going back 15 years. They intend to sell the loans on Wall Street; those who take out the loans are not able to escape them. The congress just let our student loans double to 6.8%. They are getting so desperate for fresh takers, marks, patsies, they are scraping the bottom of the barrel. They are running out of things to engorge, nobody believes them any longer.
    Mortgage rates have gone up 12 basis points in the last 30 days alone, as of Wednesday, they were at 4.58% for those with perfect credit. There goes the real estate bubble, most people do not qualify for such loans, the rates are much higher.
    The FED is losing control over the game, and interest rates are creeping up. Since the FED carries most of the national debt these days due to lack of foreign investment, it will hurt us even more. They have relied on the artificially low rates to keep the balls they are juggling in the air……it isn’t good.
    They are trying to build another 2008, but they have lost all credibility, and people have far less cash to gamble than they did five years ago.
    I think we are close to the end. Thanks for a good article.


Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.