Legendary Financial Historian Ed Griffin on the Economic Crisis, the Monetary Elite and the Future of the Internet: "Daily Bell: Has the stimulus helped? Why or why not?
Griffin: Has the stimulus helped? I guess the question is has the stimulus helped whom? Or What? The general idea is that the stimulus is supposed to stimulate the American economy and help the American people and in that I don't believe that there is any reason to think that it has helped at all. I don't think it was really designed to do that at all. It was designed to be sold that way but I don't think that anyone in Washington thought that it would actually accomplish the end objective. Now I suppose that some people did think so, I would have to backtrack on that, there are some collectivists that believe the government can solve all problems, that the government can take everything from the citizens and redistribute it back to them in a more efficient manner. There are people like that out there and they thought the stimulus package would help. Surely everybody understands that the money that is being spent is coming out of the pockets of the very people it is supposed to help."
[Emphasis added.]
Actually, I'm pretty sure most people do not understand where money comes from. The value of a dollar has been so greatly cheapened by the Federal Reserve's inflationary policies that an entire generation (especially the politicians) think that money can be called into existence at any time without any cost.
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