Inflation, Debt, and Wish-it-were-so Economics

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http://eclipptv.com/viewVideo.php?video_id=10311


Freedom Party leader Paul McKeever was a panelist on "On the Line" (CTS) with host Christine Williams.

In these excerpts, Paul and the panel discuss inflation, debt, and economics experts who believe an economy can be kept healthy by encouraging people to convince themselves that it is healthy.

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An economy can actually be kept healthy psychologically, but this kind of economy is not sustainable in a society that does not produce enough to cover what it spends, and the charade can only keep going as long as people spend. Politicians and some economists seem to think it is a good thing that the US economy is driven by consumerism. Do they not undertsand that this means we will always be in the Red? If you spend more than you make that is not a good economy. You can trick people only for so long and then what happened in Rome will repeat itself.

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