"Originally posted at Monty
Pelerin's World blog,
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..."
at http://www.zerohedge.com/news/2013-07-06/you-are-ponzi-scheme-whether-you-realize-it-or-not
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