Well theres a couple of things wrong with what you say.Printing money is not going to get the guy that lost his house back in it,its going to bail out the bank that sells it again for about 20% of what it did the first time,and that will probably go lower.Also,house notes are nearly all interest the first years.Nothing is paid on the actual debt really,its just bank stealing.You can try and make sense out of the oil deal,but the truth is this,speculators did it,and are still doing it,and as long as you believe that other stuff which is lies and propaganda,the speculators are getting away with it.High interest rates ruin the economy,then stupid politicians have a halucination and claim to find a way out of high interest rates,and after stealing from you,steal as much as the market will bear.Interest is mostly criminal,and not for the good of anything except the thieves.Paper pushers dont need 20% or even 5% of your hard earned dollars for anything,except robbery.Its enslavement,but sneaky.Devalue the dollar,then charge you 10%,but its really 20% because of the devalued currency.Nothing wrong with being prudent,but the prudent person is living in a world thats root hog or die,and its hard for the prudent type to keep up.
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Today's Featured Article - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
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