Comment: Systemic Crisis

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DJP333's picture

Systemic Crisis

This is a hard subject to approach with people. Economics and monetary policy dictate our entire lives, but people have a hard time grasping these subjects, and the doom and gloom of current developments put them on edge. I've noticed this when discussing current economic issues with family and friends, i.e. Cypress shenanigans, FED QE, fluctuations in gold and silver and inflation.

This week I am attending the annual AAHOA conference (in Houston this year) and Steve Forbes was one of the guest speakers today. His speech covered the FED's policies destroying growth in this Country. The instability of the European Central Banking policies and why the Cypress situation should concern us all. He discussed the gold standard and money needing a sustainable/fixed value, inflation as a tax, the abomination that is the federal income tax, the inefficiencies and cost of the IRS system, and business with unmanageable regulation. People were intrigued hearing this information.

I had a big phat smile on my face, and I listened, silently. I have been explaining these things to my family and business partners for quite some time (since Ron Paul 2008 and the flow of information here on DP). Today, they looked at me a bit differently. Keep educating folks. Things are going to get really interesting.

"It’s not pessimistic, brother, because this is the blues. We are blues people. The blues aren’t pessimistic. We’re prisoners of hope but we tell the truth and the truth is dark. That’s different." ~CW