Laurence Kotlikoff ~ Bernanke Playing With Fire [Video]

USAWatchdog | January 16 2013

Boston University Economics Professor Laurence Kotlikoff is worried about America’s dire financial situation.  Dr. Kotlikoff says, “The situation is getting worse and worse and worse.  We are running a massive six decade Ponzi scheme, and it’s coming to a real threatening point.”  

Dr.Kotlikoff calculates the real government deficit is enormous and it’s growing exponentially.  “It’s $222 trillion.  Last year it was $211 trillion.  We grew the deficit by $11 trillion in one year,” charges Dr. Kotlikoff.  He also says, “We are actually in worse shape than any developed country. . . We are using accounting that would make Bernie Madoff blush.”   Kotlikoff thinks the Federal Reserve could easily lose complete control of inflation and warns, “Ben Bernanke is playing with fire here because we could have a tripling of the price level.”

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3 thoughts on “Laurence Kotlikoff ~ Bernanke Playing With Fire [Video]

  1. Raven

    No offense to Dr. Kotlikoff, but why do all these financial experts think this is all just some “misjudgment” or “mistaken ideology.” The intent to destroy this country and then hand it over to the Controllers is patently obvious. Our assets and our health are being stolen so they can have this lovely land of ours, minus the pesky natives. This is Codex, Agenda 21, and Wacky Bernacke all rolled into one but it’s no different than Little Big Horn. The stakes are higher and the weapons more complex and conniving, but it’s the same war.

    1. Gillian Post author

      Does it amaze you as much as it does me the degree of ignorance at the root of all these so-called “expert” analyses of American economic policy? I guess they just can’t wrap their minds around the obvious.

      Thanks for commenting. Hugs G

      1. Raven

        No, it just angers me, Gillian. It’s time all of us stopped thinking of professors and scientists as experts and started thinking of them as the paid propagandists that they are. Theories based on incomplete or corrupted data will never lead to solutions. At least we know that much.

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