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Free Money For All Bankers! - One Minute Update E012
David Quintieri - 516 Views
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Published on 21 May 2018 / In News and Politics
The Money GPS is the book by David Quintieri.
Free version @ http://themoneygps.com/free
The Money GPS features Bob Chapman, James Turk, and David Morgan.
Bailouts distort the market. They steal from the middle class through taxation and give it to the banks.
Why should we bail out the banks? Because our money is in the vaults and we'll lose it all?
A bank should not be able to take risk like they do. They leverage themselves 10:1. That wasn't enough for them. They had to create derivatives to create $1.5 quadrillion worth of useless garbage.
With the world's GDP being about $60 trillion, they could never bail it all out should it start to fall.
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