tag:blogger.com,1999:blog-9141996.post8531880546164429493..comments2024-02-18T05:14:18.098-07:00Comments on Cherchez la Verite: MUST READ: ELLEN BROWN EXPLAINS HOW THE U.S. MONEY SUPPLY DIRECTLY RESULTS FROM CREATION OF GOVERNMENT DEBT. IT FOLLOWS THAT "CUTTING THE DEFICIT" WOULD CONTRACT THE MONEY SUPPLY, THEREBY TURNING RECESSION INTO DEPRESSION.David Griscomhttp://www.blogger.com/profile/16911018239218830381noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-9141996.post-48862142572283764042011-05-01T13:08:14.788-07:002011-05-01T13:08:14.788-07:00Dr Ravi Batra was just interviewed by Thom Hartman...Dr Ravi Batra was just interviewed by Thom Hartmann. Dr Batra made the interesting point that when the deficit drops, so do the stock markets since profits equal the deficit plus investments. While painful in the short run for some, maybe it would be better in the long run if savings were invested in productive assets rather than in speculative ones.markincorsicananoreply@blogger.com