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Original video: https://youtu.be/V3eHf9JJRZs
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Michigan State Economics Professor Mark Skidmore is being refused access to data that could explain $21 trillion in “missing money” from HUD and DOD. Now, the entire federal budget has been turned into a national security issue. There is literally no more public access to what the government spends your tax money on. Skidmore says, “Now, as of October 4th, we have effectively two sets of books. We have a set of books that can be manipulated and changed by a group of people that determine it’s a national security issue. They can alter the numbers and move things around within . . . or shift funding all the way to hide it. What we are going to do is produce a financial statement that is fake, and we will have no idea how much money was moved around, and we are all going to pretend we are going to have a real report. We will also have an actual report that will remain hidden. . . . It seems self-explanatory that if the government can’t track $21 trillion, there is something deeply wrong.”
Join Greg Hunter as he goes One-on-One with Michigan State Economics Professor Mark Skidmore, who discovered $21 trillion in “missing” money at the DOD and HUD.
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Michigan State Economics Professor Mark Dr. Skidmore says there is a limit to money printing even when all the global central banks are doing it. Skidmore says, “What does it mean when a central bank is buying equities, or buying debt with printed money in order to suppress interest rates and keep this game going? I think, overall, the whole world is awash in debt, and it’s expanding at a rate that is unsustainable. The only way it has been sustained is that interest rates have been falling for 30 years. Now, interest rates are no longer falling, and we are running up against a constraint. Now, if this $21 trillion in “missing” federal money really represents spending above and beyond what the official records indicate, then that has huge financial implications and huge implications for confidence in the dollar as the reserve currency. This is an enormous priority to address and not just cover up and say we are all good.” In closing, Dr. Skidmore says, “How can you have a democracy if you don’t have any transparency whatsoever? Having integrity and confidence is so essential to the whole system, and this just puts everything in question. . . . We should clean this up and show we are legitimate. If we don’t, we are just shooting ourselves in the foot.” Join Greg Hunter as he goes One-on-One with Dr. Mark Skidmore, Professor of Economics at Michigan State University. Donations: https://usawatchdog.com/donations/ Stay in contact with USAWatchdog.com: https://usawatchdog.com/join/ All links can be found on USAWatchdog.com: https://usawatchdog.com/entire-federa...
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