Thomas Greco’s The End of Money and the Future of Civilization

Thomas Greco’s The End of Money and the Future of Civilization

by Richard C. Cook / October 13th, 2009 (10)

It’s too late for anyone to pretend that the U.S. government, whether under President Barack Obama or anyone else, can divert our nation from long-term economic decline. The U.S. is increasingly in a state of political, economic, and moral paralysis, caught as it were between the “rock” of protracted recession and the “hard place” of terminal government debt.

Even if the stock market can be shored up by more government borrowing for “stimulus” spending, it’s a temporary reprieve, because nothing can bring back the consumer purchasing power that was lost when the banks stopped pumping money into the economy through out-of-control …
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http://dissidentvoice.org/2009/10/thomas-greco%E2%80%99s-the-end-of-money-and-the-future-of-civilization/