Many economists say that the wealth of America is beening erased due to the financial crisis...?

but my question is that bilions of dollars are being lost by corporations and consumer, so where is this money going?... in a closed system there can't be a net loss or gain only a shift in whose holding the money. So who has it now???Many economists say that the wealth of America is beening erased due to the financial crisis...?
When the market value of an asset falls, people perceive themselves as losing money even if they did not sell for an amount less than their purchase price, and the reverse is true when the market price increases. This has real effects on their consumption so economist considers it a loss of wealth, although an accountant would not.
The wealth of america is inflation and inflation is the wealth. The value of the dollar is going down because of inflation and inflation only. The fractional reserve banking system we have in america is the same as the countless models that all failed throughout history. The shelf life of a national currency is short. Gold and silver are forever.



Central banks portion out the money or consolidate it to the people who are more inclined to have it. Wall Street does the same thing and so does the government.



Nobody is on "our" side because we don't even know what we want. I personally think that anarchy is the ONLY answer. Please look into it yourself before making accusations.Many economists say that the wealth of America is beening erased due to the financial crisis...?
I agree. I've been saying for awhile now that it's time for a second revolution. It's painfully clear that our elected government has no clue anymore how to run the country.



I feel it is time we, the citizens, took back our land.
Keep in mind that in a market-to-market system the value IS being wiped out. Of course, if you hold your assets for, say,ten years, that will likely no longer be the case. Many economists say that the wealth of America is beening erased due to the financial crisis...?
Our wealth was erased many many years ago, it is just catching up to us now.



The FEDERAL RESERVE and INTERNATIONAL BANKERS are what got us in this mess.... Watch the video below if you need proof.



Our economy has been on a 95 year death spiral. In 1913 congress brought into existence Americas 3rd central bank, the Federal Reserve. Now every dollar our government needs comes from this central bank and needs to be repaid with interest. Problem is.... this central bank does not create the "extra" money needed to repay the "interest". Hence our nations debt will always continue to grow, we can never pay it back. You should also understand that this debt is fiat, the Federal Reserve creates “new” money from thin air. In other words this central bank is loaning our government money it does not have and charging interest on it. As an added bonus, if we abolish the Federal Reserve we can also ELIMINATE the need for the INCOME TAX!



If you come here truly seeking greater knowledge and understanding of how the world works you owe it to yourself and future generations to watch the following documentary that was created and supported by some of the worlds best economists.



Please take time to learn the hidden story about the money in your pocket.

This is the most informative, entertaining, and factual video on economics you can watch.

THE MONEY MASTERS

http://video.google.com/videoplay?docid=…

This documentary has been endorsed by:

Milton Friedman ……….…. Nobel Laureate in Economics

Arun Gandhi…………….…. M.K. Gandhi Institute for Nonviolence

Dr. D. James Kennedy…... Coral Ridge Ministries

Aaron Russo………………. Producer, Director, Writer: America, Freedom to Fascism

G. Edward Griffin…………. Author: The Creature from Jekyll Island

Dr. W. Cleon Skousen….... Author: The Naked Capitalist, The Naked Communist



I believe our system has gotten so far off track that anything short of a full monetary reform act is only putting a Band-Aid on a terminal hemorrhage.

Please read and tell your congressman to support this monetary reform bill.

http://www.govtrack.us/congress/bill.xpd…



"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."

- Henry Ford



"Their secret is that they have annexed from governments, monarchies, and republics the power to create the world's money...".

- Prof. Carroll Quigley



“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and the corporations that will grow up around them will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”

- Thomas Jefferson