what's nonsensical is the FED printing billions a month to support the US stock market and the USD is STILL considered gold
The Federal Reserve debt note scheme is the mother of pyramid schemes ... nothing like it, in vastness and pervasiveness, has been witnessed before in all history.
It is literally the biggest scam ever devised in humanity's history.
I am starting to think that a growing economy of any sort is nothing more than a pyramid scheme where the players happen to be everyone. The only difference between a growing economy and a contracting one is that the players spend and invest more into the pyramid scheme every day. Once people stop spending into the system, then you have contraction. There is fundamentally no reason that a service economy like the USA has so much more wealth than a poor country like Costa Rica. The only difference is that the USA has more consumers that never stop spending and the government pumps money into the system trusting that Americans will spend it right back into the system.