Why the "Experts" don't get it.

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Thomas Hedin
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Why the "Experts" don't get it.

Thursday, November 11, 2010

Why The "Experts" Don't Get It.

"If I Only Had a Brain."
Here's why the "experts" don't get it.
1. They parrot and don't investigate or think.
 a. Blame the university economics education and the media reinforcement of a false paradigm.
2. They miss key points
 a. Principal is extinguished when a loan payment is made.
 2) That means whenever you, anyone, or all of us make a loan, credit card, student loan, mortgage payment, money is removed from the system - a draw or vacuum in the economy. If nothing is done, the system will..........................
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