$700 trillion in worthless paper holding up the fake economy.

They still want to give the Feds even more responsibility over our children’s future!

I have a better plan, burn all the paper and computers holding derivatives.  Reassess hard asset value and start this economy over on sound footing.

Derivatives are financial instruments whose values are based on something else, such as a mortgage-backed security or a commodity like oil.  (So they have zero actual value)

Over-the-counter derivatives “grew explosively” in the past decade, with the face value of outstanding transactions rising sixfold to almost $700 trillion in 2008, Geithner added.

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