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Mainstream economists claim money has purchasing power because the government issuing the money has so declared. That makes no sense.

Mainstream economists claim money has purchasing power because the government issuing the money has so declared. That makes no sense.

Mainstream economists claim money has purchasing power because the government issuing the money has so declared. That makes no sense.

Mainstream economists claim money has purchasing power because the government issuing the money has so declared. That makes no sense.

Contrary to mainstream economists, credit expansion that is not backed by real savings leads ultimately to an economic downturn.

Contrary to mainstream economists, credit expansion that is not backed by real savings leads ultimately to an economic downturn.

Contrary to mainstream economists, credit expansion that is not backed by real savings leads ultimately to an economic downturn.

Contrary to mainstream economists, credit expansion that is not backed by real savings leads ultimately to an economic downturn.

Contrary to mainstream economists, credit expansion that is not backed by real savings leads ultimately to an economic downturn.

Contrary to mainstream economists, credit expansion that is not backed by real savings leads ultimately to an economic downturn.