It's about time we put an end to this huff and puff and bluster that is going on in Euroland and the USA, and the mainstream media and elsewhere, day after day after day.
We all know trillions and trillions of US dollars and euros are created out of thin air, at zero cost, and backed by absolutely nothing.
So here is a very basic solution for all the indebted nations and desperate banksters who are "too big to fail."
All the IMF, the ECB and the Federal Reserve need do is create out of thin air, backed by absolutely nothing, all the dollars and euros they need and then in a matter of seconds they can electronically transfer every dollar or every euro needed to bail out every insolvent Euroland nation and every insolvent, "too big to fail" bankster.
Make these interest free loans with the principal repayable in 100 years time.
Then we can have some peace and quiet without having to put up with all this hot air day after day after day, as if a bailout was a very serious matter involving a serious loan of real money that had some real, intrinsic value, instead of it just being a computer entry and transfer of something that is created from nothing, is backed by nothing and so intrinsically is worthless.
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- a simple solution to all this debt ...
a simple solution to all this debt ...
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