If the economy is growing, people want to employ more workers. If you hire more labor, wages go up.

Governments create money and spend it into the economy by running budget deficits. The paper currency in your pocket is technically a government debt.

Trump's claims that he's making taxes more democratic for the people, but it actually is a vast sucking of income and wealth upward.

People tend to think that paying a debt is like going out and buying a car, buying more food or buying more clothes. But it really isn't. When you pay a debt to the bank, the banks use this money to lend out to somebody else or to yourself. The interest charges to carry this debt go up and up as debt grows.

I think we're in the take-the-money-and-run stage of the economy. So the banks may go under, but the bankers, who make the policy, clean up.

When economists speak of money, they neglect that all money and credit is debt. That is the essence of bookkeeping and accounting. There are always two sides to the balance sheet. And one party’s money or savings is another party

There really isn't a recovery, and no signs of it on the horizon, because people have to pay the banks. It's a vicious circle - or rather, a downward spiral.