Glenn Beck - 100 Years Of Monetary Supply
July 28, 2009
Glenn Beck from Fox News in the USA delivers a fabulous report called "The inconvenient debt" showing 100 years of the US monetary expansion. This report also explains just how much the USA are devaluing their currency by printing extraordinary and unprecedented amounts of money.
Click here to view the entire webcast.
Australia has been no different in that we have increased our currency in the system by 300% since 2000. This rapid increase in monetary supply has lead to inflationary pressures over the previous decade and the devaluation of purchasing power of the Australian dollar for the consumer.
