Presentation Transcript
ECONOMICS 101 :ECONOMICS 101 A SIMPLE PRIMER
[IDIOT’S GUIDE]
ON HOW
THE BAILOUT
MAY AFFECT YOU!
Slide 2 :OUR CURRENT MONEY SUPPLY* $1,391,200,000,000 *M1 [Money Actually in Circulation] AUGUST
FEDERAL RESERVE STATISTICAL RELEASE
SEPTEMBER 18, 2008
THE BAILOUT :THE BAILOUT LETS ADD
$700,000,000,000
MORE OF THE SAME :MORE OF THE SAME WHATTA YOU GET HOW ABOUT
DISGUISING AN ONGOING INCREASE IN MONEY SUPPLY :DISGUISING AN ONGOING INCREASE IN MONEY SUPPLY Excess Cash Sloshing Around
Discomforting Increase In Liquidity
Dramatically Increasing The Cash Available For Speculation
Providing The Fuel For The Explosion In Derivatives
Eye Popping Shift From Cash To Hard Assets
ITS JUST A MATTER OF SUPPLY AND DEMAND !
Print Lots Of Anything, And It Becomes Increasingly Devalued
It Works The Same For Cash As It Did For Beanie Babies
WHAT WILL OUR NEW DOLLAR LOOK LIKE? :WHAT WILL OUR NEW DOLLAR LOOK LIKE? WHERE OH WHERE WILL IT END?
THE END :THE END LET’S HOPE NOT PRODUCED BY
MICHAEL HARVEY BAUM
NAPLES, FLORIDA
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