Creating Wealth Real Estate Investing With Jason Hartman

CW 291: Fractional Reserve Banking & Fiscal Cliffs with G. Edward Griffin Bestselling Author of ‘The Creature from Jekyll Island’

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Sinopse

Jason Hartman is joined by returning guest and best-selling author of The Creature from Jekyll Island, G. Edward Griffin, for a discussion of the hot topic of the United States’ “fiscal cliff.”  As Mr. Griffin shares, the fiscal cliff is nothing new.  It has been there for roughly 50 years and applying a name to it now is a scare tactic by the government.  Mr. Griffin talks about fractional reserve banking and how it has led to the economic mess our country and world are in today.  It is no longer a fractional reserve; it is at zero reserve and Mr. Griffin feels the economy is going to collapse from all of the borrowing to pay old debt.  This will lead to a fully regimented society, which Mr. Griffin describes as drifting toward totalitarian, a scary concept.  He goes on to discuss short and long term ways to protect ourselves, preserving any wealth one might have, and being prepared as much as possible for anything that may come to pass.  He feels the Fed will continue to inflate, raise taxes for a while, an