Fake economic growth, borrowing wealth from the future, deflation or inflation
- By : JanssenReportHost
- Category : Global Economy, Money
- Tags: #27
Today on The Janssen Report (#27): Please share this video! And thank you for your emails… Keep them coming!
How does our financial system work?
What will our debt-based economies lead to?
Will there be deflation or inflation?
With the use of a simple model I explain in (hopefully) simple terminology how our fiat currencies fuel our debt-based economies and why this system must be perpetuated in order to prevent a deflationary collapse in the short run. In essence we are borrowing wealth from the future. Tax payers will be presented with the bill. In the long run a collapse WILL happen considering the hyperinflationary path they always choose.
Think about it: deflation will cause the economy to come to a grinding halt (and banks will lose wealth). Inflation can be used to prolong the system and keep the wealth flowing to the powers that be.
Hope this insight helps!
Cheers!
Marco Janssen