From Elastic Economics To Elastic Money: The True “Economic” Underpinnings Of The Status Quo

Sunday, April 1, 2012
By Paul Martin

by Tyler Durden
ZeroHedge.com
04/01/2012

Wonder why the premise of a Gross Domestic Product is bunk? Wonder why politicians care first, foremost and only about bailing out banks, with little thought put to actually saving that core driver which according to economic canon is responsible for 70% of GDP? Wonder why the status quo is more threatened by a gold, or any kind of standard, that limits the potential of infinite dilution of nominal concepts? The Privateer’s Bill Buckler expains, in three short paragraphs, the great lies that are Elastic Economics and Elastic Money, and why everything else is noise.

From The Privateer…

The Rest…HERE

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