Hyperinflation is Already Here - You Just Haven't Realised It Yet.

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Hyperinflation has been a doomsday scenario for modern economies throughout the last century. In all of these failed countries (Zimbabwe, Venezuela, Hungary, Yugoslavia, etc.) there have been uniform warning signs, the same signs that we are starting to see today in the U.S.
#Inflation #Hyperinflation #Economics
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#Inflation #Hyperinflation #Economics
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  • Be one of the first 1,000 fans to sign-up with our link to claim your free trial of Skillshare Premium 👉 skl.sh/economicsexplained04211

    Economics ExplainedEconomics Explained28 күн мурун
    • @Gerard Vinet Carbon tax is a con 999 trillion dollars could not give man control of God's Climate it is his property to use as he pleases in coming Judgment against all govts

      Darrell JohnsonDarrell Johnson3 күн мурун
    • @Gerard Vinet Any politician wanting pay cut them off no pay for billionaire thieves and serial killers like Biden billionaire home owner of a billion dollar house inflation should crucify rich first as they over print money creating Inflation

      Darrell JohnsonDarrell Johnson3 күн мурун
    • In Canada , the government likes it , nice & slow , but we are already feeling the effects , because of a hike of 30% in a carbon tax , U know what that means ?????

      Gerard VinetGerard Vinet3 күн мурун
    • Advertisers are lying scum of he Earth from ancient Babylon until last day of humanity

      Darrell JohnsonDarrell Johnson5 күн мурун
    • Hey, I'd love to have something explained. Printing physical money obviously alters the supply of the notes, which lowers the value of each individual note. But nowadays paper cash is used less and less and what we use to count money are numbers in a screen which, unless they are tied to a physical good in the real world by the banks and regulatory agencies, in theory shouldn't follow a scarcity = valuable relationship. Say, a bank lends me some credit and just inputs some zeroes and ones in their computers; a balance that I can exchange for paper money and physical goods. What happens if a lot of people do so? Are they somehow "printing money"? At some point can they reject people from borrowing from them because they ran out of zeroes and ones? What gives? I think it would make for a good video to explain and clarify this virtualization of money (which is already an abstraction of economic value).

      rodylermglezrodylermglez9 күн мурун
  • Because the inflation is an equalization action against the yuan and as china has shown there is lots of new stuff to build if the will is there.

    beaubaerbeaubaer3 мүнөт мурун
  • The ad for skill share in the middle seems pretty irrelevant if the economy is going to collapse.

    ZubrisMusicOfficialZubrisMusicOfficial10 мүнөт мурун
  • I can already see our democrat run government saying, "poor black communities have been hit so hard by the pandemic, we need to print money to give them more spending power

    TheBeez KneezTheBeez Kneez11 мүнөт мурун
  • Guys don't worry, the fed says it'll be fine 🤷‍♂️🤷‍♂️🤷‍♂️🤷‍♂️🤷‍♂️🤷‍♂️🤷‍♂️🤷‍♂️🤷‍♂️🤷‍♂️🤷‍♂️🤷‍♂️

    TheBeez KneezTheBeez Kneez13 мүнөт мурун
  • The marble/house example... That only works if interest rate lags inflation. Sure, inflation and interest usually have an inverse relationship but the UK in 1992 had an unusual situation leading to high interest AND high inflation at the same time. It caused a lot of people to lose their homes. ("Black Wednesday", for anyone who wants to read up on it)

    donkmeisterdonkmeister33 мүнөт мурун
  • indonesia 1998 not included?

    ahmad fauzanahmad fauzanСаат мурун
  • BItcoin fixes this

    NotraNaumNotraNaum2 саат мурун
  • Fantastic video!! Terrible title

    PMLA PPMLA P3 саат мурун
  • AUD is 1.27 and so without knowing precisely what the danger is, would you say it's time for your viewers to crack each other's heads open and feast on the goo inside?

    TheScaper28TheScaper284 саат мурун
  • Fixed rate 30 year mortgages weren't a thing until 1971.

    Layke FindleyLayke Findley4 саат мурун
  • The bank called me last week asking if i'd like to borrow some money. Sure why not!

    RikityRikity4 саат мурун
  • Less government intervention and control, more free market = getting out of trouble fast. Covid psychoses will not help. With so many countries printing money will that create a buffer?

    DSCDSC4 саат мурун
  • if u think about it everything is not free

    Remo ZhangRemo Zhang5 саат мурун
  • The US dollar is being crashed purposely so China can become the world power. The deep state is backing China because they have already implemented the total control system they're trying to roll out in the rest of the world.

    camlong89camlong895 саат мурун
  • If you make financial decisions based on KGcode videos, you have bigger problems than inflation.

    Rob BryertonRob Bryerton5 саат мурун
  • Only when the last tree has died, the last river been poisoned, and the last fish been caught will we realize we cannot eat money.

    SeanSean5 саат мурун
  • Thanks Biden

    Brandon HughesBrandon Hughes7 саат мурун
    • Biden printed money 1.9 Trillion, and Trump printed 4 trillion. Both are reckless with spending, but if we’re being fair, then Trump gets 60% of the blame since 60% of the 6 trillion was under him.

      Rez RashidRez Rashid6 саат мурун
  • Greed = Hyperinflation

    Tot ALA Stiu EiTot ALA Stiu Ei7 саат мурун
  • You forget also Romania from your list

    Tot ALA Stiu EiTot ALA Stiu Ei7 саат мурун
  • Go shopping if you don't think inflation is here already. If you still don't recognize it, you are blind.

    Rob EdmundRob Edmund8 саат мурун
  • Why did you say silver was 33$ an oz? I haven’t seen that for years

    Bailey GilbertBailey Gilbert8 саат мурун
  • Can't wait for the look on my wife's face when I sell some guns to pay off our house in 5 years

    smoraptorsmoraptor8 саат мурун
  • Good to know that this KGcoder knows more about inflation than the Federal Reserve

    Aidan WarrenAidan Warren9 саат мурун
    • The federal reserve understands inflation. They're doing this on purpose so they can have their Reset.

      Cassandra WarnerCassandra Warner5 саат мурун
  • Here's another speculation: China will finally invade Taiwan in the aftermath of this world economic crisis, when the west will have struggled to keep up with the military production. The virus that maybe escaped a lab, how massively convenient.

    Doran MartellDoran Martell10 саат мурун
  • To add to the very last point. This is especially the case when money is created via loans. One of the drawbacks of debt-based money.

    TheAtheistPaladinTheAtheistPaladin11 саат мурун
  • Its all a scam

    Plumber On the jobPlumber On the job12 саат мурун
  • it's a tragdey of the commons you have to buy or suffer inflation but cause everyone wants to buy it causes inflation.

    richard meaderichard meade14 саат мурун
  • China chad move - Just hit the market sell button for USD and crash the US economy

    Alistair J ClarkAlistair J Clark14 саат мурун
  • Important to note. The value of working-class labor doesn't actually change. It's just that the top is less willing to part with money during a sharp downturn.

    crimsonstar108crimsonstar10814 саат мурун
  • Was hoping that as we got smarter we could go down the Star Trek route and work together . But no world domination is afoot .

    Lance UppercutLance Uppercut14 саат мурун
  • The examples in the video are not of sovereign money. Weimar Germany had to pay France, Brittain and the US in gold for losing WW1. So they had loads of debt in something else then their own currency. Zimbabwe and Venezuela made loads of loans in US$. The difference with the US is that they don't have to loan in foreign currency. They can always pay their own debt with their own currency. So you won't have a run on the currency. That makes a huge difference. Still inflation is a real threat. But hyperinflation in US$, not so much.

    Berend PijlmanBerend Pijlman15 саат мурун
  • In stead of focusing on the money printing, look at the other side of the equation: TAXES! Giving huge sums of money to huge companies does inflate the stock market and other financial assets like homes. But by implementing a wealth tax both the assets will depreciate because of the higher costs and money will go out of the stock market (and be used to lower the money supply overall) so prices won't go up as much.

    Berend PijlmanBerend Pijlman15 саат мурун
  • Pandemic? It's a plandemic. This is on purpose. Donald Trump was thwarting the deep state. They couldn't have that

    Randy SurlineRandy Surline16 саат мурун
  • Good stuff. But lumBAR is my racket- lumBER is the woody stuff 🤪

    Joseph IeranoJoseph Ierano17 саат мурун
  • Not printing money...expansionary monetary policy has nothing to do with hyperinflation in bankrupt third world countries that literally printed currency to pay off debts...also monetary policy is not set by the President it’s carried out by the Fed independently...you people are morons 🤣

    Daniel DurhamDaniel Durham18 саат мурун
  • Rich will stay rich , poor will stay poor

    KidFork2525KidFork252518 саат мурун
  • these austrian "economics" clowns have been screaming hyperinflation is coming since the 1980s. Why does anybody listen to them?

    philpott kentuckyphilpott kentucky22 саат мурун
  • Popular

    rafresenden rafresenden.rafresenden rafresenden.22 саат мурун
  • So why not just chop the money supply in half? Stop printing for two or three years?

    Ray WhichWayRay WhichWay23 саат мурун
  • Crazy a majority of the reason this doesn’t work is because of sanctions by the US

    Boom_ Boom415Boom_ Boom41523 саат мурун
  • Maybe this will help to better understand the potential productivity from free SOS (soil, ocean, sun). I'm a 15th generation private farmer on 5000 acres with a huge dam. However we only use 1000 acres for cropping potatoes, with an extra small section for producing our own seed potatoes for the next crop. The land was cheap originally, and simply passed down all the way along. My brother and I do 1200 annual hours of potato field work (planting, harvesting, etc), and the rest of the year just doing equipment repairs. Our potato equipment range has a 20 year effective lifespan, 2m purchase cost, plus a generously estimated 2m additional cost for all repairs over 20 years. Being very experienced in growing potatoes efficiently, we can produce 20 tons per acre at a bulk sale price of $300 per ton (about one-fourth of retail price). Chemical and fuel costs are about $400 per acre. We produce our own fertilizer through cover crops. After equipment costs (4m over 20 years), our potato's annual net profit on a good year works out to be over 5m (retail value over 20m). I think that is a 1000% ROI (or in retail value, 4000% ROI). You'd be surprised at just how much free value is under our soils, if only people were incentivized enough to pull it out. Another example, is that a 10KW solar system for $10k in a prime geographical location like Australia, will generate 400MW over 25 years, giving a 1000% ROI, assuming electricity there is 25c per KW. The math simply doesn't lie. Our SOS is full of an abundance of free stuff. You put in 1x, and you get out 10x. It's like magic, yet it's a reality through technology.

    No OneNo OneКүн мурун
  • Fortunately, the United States can print an extremely excessive amount of money without hyperinflation due to American Exceptionalism. Actually, this is a great video for its breadth of economic theory. It explained inflation, value, exchange rates and how the U.S. dollar has been a medium of international exchange, and the slippery slope of borrowing as a hedge to inflation. Frankly, I think that the Fed has contributed to this slippery slope by having a long-term policy of favoring low interest rates, thus undermining savers over spenders (despite the short-term consequences of COVID). P.S. my first comment is sarcastic.

    Mark ManceMark ManceКүн мурун
  • Slobodan Milošević printed money while Yugoslavia was under US sanctions, hyperinflation is best described in a joke: - how much is a dollar¿ - 45 Billions - 46 Billions - 47 Billions .....

    B AB AКүн мурун
  • But what about if the population is big enough to absorb it in that it was long over due

    meg JAmeg JAКүн мурун
  • It "IS" all going to be different for the United States. Google "petrodollar".

    MrManerdMrManerdКүн мурун
    • Sure. The US is exempt from the laws of economics.

      SMC troutSMC trout23 саат мурун
  • RN Ricky Tan would be a hero

    Soberanis FamSoberanis FamКүн мурун
  • shorturl.ca/kissonlineiev09 18+ 👅💖& 本当にありがとう。, 私たちは、質の高い位置調査が、自給自足と外部に依存する概念的解決策の両方にとって決定的な役割を果たすという事実から始めなければなりません。また、インターネット上の起業家もさらされています。👨🖤在整個人類歷史上,強者,富人和具有狡猾特質的人捕食部落,氏族,城鎮,城市和鄉村中的弱者,無`'守和貧窮成員。然而,人類的生存意願迫使那些被拒絕, 大米,被剝奪或摧毀的基本需求的人們找到了一種生活方式,並繼續將其DNA融入不斷發展的人類社會。. 說到食物,不要以為那些被拒絕的人只吃垃圾。相反日常實踐表明,一支專業團隊的團結需要對社會設定的任務進行定義和澄清。在現代標準的規範中,政治過程的要素被列為關鍵因素作用的競爭者。,他們學會了在被忽視的肉類和蔬菜中尋找營養。他們學會了清潔,切塊,調味和慢燉慢燉的野菜和肉類,在食品市場上被忽略的部分家用蔬菜和肉類 南瓜,並且學會了使用芳香的木煙(如山核桃,山核桃和豆科灌木 來調味g食物煮的時候#

    Gina EvansGina EvansКүн мурун
  • Hyper inflation plus low interest rates there You go

    TheBookway InvestTheBookway InvestКүн мурун
  • Economists state that the natural corrective against inflation is a very large work force. The USA has 44,000,000 who are 51 to 62 years old; 33,000 26 to 50 years old; 32,000,000 18 to 25; and 80,000,000 under the age of 18. That is a huge labor force plus there are legal and illegal immigrants working in the USA economy. Credit cards and then debit cards were added to the liquidity provided by paper money and banking and stock market accounts that recycle money on deposit. Then liquidity was amplified further through instantaneous electronic transfers. In fact, financial engineers now manage currency flow using electrical current formulae. The USA Treasury Department as asked Congress for permission to issue digital currency. The problem in the USA is NOT too much liquidity but too little. The $7.25/hour minimum wage is producing stagnation in Republican mismanaged States by not providing enough liquidity for business to thrive. The problem in the USA is not inflation but extensive slave wages that reduce liquidity. In addition, 38% of the work force has been displaced from farming because of agribusiness coming into dominance. Many in that 38% are included in the 50% of adults in the USA who have never set foot in a community college, college, or university classroom and so lack paraprofessional or professional training, skills, experience, and/or State licensing.

    DC Crusin'DC Crusin'Күн мурун
    • Wages should realistically be determined by the value the employee adds to the product or service. Your argument is bogus.

      SMC troutSMC trout23 саат мурун
  • Printing money doesn't equate to inflation, economies running above their potential output is what creates inflation. If you want to know why this video is total bullshit, look up modern monetary theory (MMT), which the central banks have been testing and using since the Great recession and it hasn't caused inflation... This video is just fear mongering

    Adam stecklovAdam stecklovКүн мурун
  • Summary: we've very fucked

    Kajetan MielczarekKajetan MielczarekКүн мурун
  • If you gotta put a “this is just speculation” disclaimer you might want to elaborate on the ‘why’ it’s speculation instead of projecting it as fact. But this is KGcode so fear-monger away.

    aidan schaueraidan schauerКүн мурун
  • The rise in the value stocks is due to the fall in returns in Bonds. Its a transfer of investments not inflation. What poor analysis.

    Logical SkepticLogical SkepticКүн мурун
  • No worries. Germany’s population in 1932 was 66 million. No one wanted their currency to begin with. No one wanted to give them credit after World War I. Population today in the US is 327 million if you can only buy oil in US dollars. Innovations in the scientific medical economic military technologically areas make the US a great place for investment. Our dollar although it is not worth the paper it’s printed on is still valuable around the world.

    Frank AFrank AКүн мурун
  • Which is exactly why im going to try and immigrate to Japan permanently after i obtain my bachelors.

    PtolemyPtolemyКүн мурун
    • I hope you someone to marry there. I hear its super hard to immigrant there

      RaceRace22 саат мурун
  • I have helped everyone in my country become billionaires!

    Robert MugabeRobert MugabeКүн мурун
  • I haven't realized it yet? Insult your viewers more? Enjoy the downvote.

    Todd HendrixTodd HendrixКүн мурун
  • 500k out of 300 million. Most people would take that bet any day.

    jdgreen214jdgreen214Күн мурун
  • We have hit the euphoria phase. RV, boats and other expensive motorized toys are experiencing record sales. Everyone is out buying

    ssm59ssm59Күн мурун
    • Yard garbage, in formerly well off neighborhoods, within two years. All the motorboats and R.V.s are good for nothing when nobody can afford gas.

      Train 2noplaceTrain 2noplace3 саат мурун
  • What bollocks. A promo for gold masquerading as an educational video. Perfectly rational reasons why the market has gone up? Huge stimulus for one. It is not required that the "true" value of the dollar has fallen. And try paying your taxes in bitcoin. Personally, I cannot think of a better medium of exchange than a unit that is directly linked to the economy of that country: a national currency. Also, huge deflationary forces exist in CPI, such as the constant lowering of prices of electronic goods, wages being continuously suppressed and so on. Anything can happen, but the shrillness of this video is ridiculous.

    Fabio QFabio QКүн мурун
  • Be the first 1000 viewers >> Gets here at 1.5mil views. Bogger.

    Abraham KangAbraham KangКүн мурун
  • Very interesting. Hoping for a good outcome but wouldn't bet on it. Have to wait and see. And hope history doesn't repeat itself. At least not when it comes to this.

    Daniel HanawaltDaniel HanawaltКүн мурун
  • The Great Reset eh?

    Bishop0178Bishop0178Күн мурун
  • Conclusion: take the biggest loan you can and buy dogecoin

    AxisBelgiumAxisBelgiumКүн мурун
    • Out of almost 8k comments, this is the smartest one ☝️

      Soberanis FamSoberanis FamКүн мурун
  • kgcode.info/stream/al7Irsxmm8Vnpnc/video.html here is the counter argument . No Inflation.

    Obfu ScateObfu ScateКүн мурун
  • China's labor surplus has created DEFLATION. NOW ALL major currencies have done QE so all currencies are relatively the same. No Inflation.

    Obfu ScateObfu ScateКүн мурун
  • Youve Been saying this for the last 30 years hashtag fake news

    Obfu ScateObfu ScateКүн мурун
  • yes, short currency so you can get paid in dollars.....ummmm

    jozi jjozi jКүн мурун
  • the USA have davalue theyre monie soo much since 2001 that today we dont even know what the american dollar really worth ...

    kaboozedkaboozedКүн мурун
  • Too big brain for me, can someone please explain like I'm five?

    f1r3 hunt3rzf1r3 hunt3rzКүн мурун
  • Clickbait title with 20 minutes of meandering gabble with pretty drone footage, that is all. There is no theoretical basis for the claims made here, no sources listed either

    Dave KerryvaneDave KerryvaneКүн мурун
  • False Analogy with the Weimar~ the USD is fiat currency...unlike the Weimar currency...creating fear with this silly video...

    iiКүн мурун
  • China owns are credit debt.

    Mike FitzgeraldMike FitzgeraldКүн мурун
  • It's been 3 weeks and already this video has not played well

    adam kleywegadam kleywegКүн мурун
  • Definitely not free, of you're using HP inks

    voltare2amstereovoltare2amstereoКүн мурун
  • I was thinking about this, and it seems to me a lot more likely that the high prices for housing and other goods are simple supply and demand. It’s just really hard to find housing in certain places in the U.S. right now. Even so, the prices haven’t jumped absurdly. I would think if there were really a problem with inflation you’d either see higher prices without a corresponding increase and demand, or a very large spike, above what one would expect if only increased demand were the explanation, but from where I am, it just looks like supply and demand.

    ewalltewalltКүн мурун
  • History repeats its self over and over again, we never learn.

    Kevin OglesbyKevin OglesbyКүн мурун
  • Buy stocks

    Agent OfficeAgent OfficeКүн мурун
  • Money printer go brrrrrrrrrr

    Axel MilanAxel MilanКүн мурун
  • Hoooooolllllld up! Where can I buy 10 kgs of rice for a dollar?!

    SkeptiColeSkeptiColeКүн мурун
  • In my class, people are argueing for more priting to pay for more services and take care of people; because "national debt doesnt really matter"

    LastAmericanVirginLastAmericanVirginКүн мурун
    • @LastAmericanVirgin source?

      Soberanis FamSoberanis Fam22 саат мурун
    • @Soberanis Fam I prefer the alrernative, if the gov isnt going to manage their finances efficiently, then we shouldnt have these services. I live in Southern California, and the whole social service system is exploited by most to stay home and smoke weed all day. ( witnessing it constantly)

      LastAmericanVirginLastAmericanVirgin22 саат мурун
    • @Scott XD

      LastAmericanVirginLastAmericanVirgin22 саат мурун
    • @Scott America is gunna die just like Venezuela. The working poor r the 1st

      Allen PinckneyAllen Pinckney23 саат мурун
    • national debt doesn't really matter.

      ScottScottКүн мурун
  • Mmmmmm, you know there are Nobel prize winning economists who never see a recession coming or constantly predict some form of economic calamity that never seems to arrive, like Peter Schiff as an example. Is your presentation just another economic doomsday prediction? The problem I have with your presentation is that in my view it is woefully simplistic. Modern economies are incredibly complex beasts and perhaps some of what you present may come to pass in some form or another. Why don’t you mention the longer term incredible deflationary effect of technology, through middle to higher wage job destruction which is only accelerating as time passes? And what about demographics? With a rapidly aging population. I would agree with you that right now, asset price inflation and consumer staples inflation is very real, I live in the US and can see it for myself. For myself I feel that what is really accelerating is the wealth gap here in the US, a significant portion of the population are slowly but surely going backwards economically. This to me is far more significant than the possible scenario of hyper inflation.

    Joe BullwinkleJoe BullwinkleКүн мурун
  • I am looking for the out of shadow documentary about Hollywood. MK Ultra and Pedophilia. They also talked about the truth of Vietnam War. I also stumbled on the truth of Pearl Harbor where the Grand Childrens are trying to educate everyone about the truth 75 years after WW2 which is also the same with 911, WMD with Saddam

    Kev SmithKev Smith2 күн мурун
  • Canada is poised on the abyss of hyperinflation. It was a combination of incompetence, globalist schemes, and overspending.

    Binks WebelfBinks Webelf2 күн мурун
  • the CPI got fixed back in like the 70's after a government report stated that inflation was being over reported(even though it wasn't)

    FiffeFiffe2 күн мурун
  • I'm discussed by people's naive idea that it could never happen here.

    FiffeFiffe2 күн мурун
  • Maybe we can all just buy Dogecoin.

    Aakash KhochareAakash Khochare2 күн мурун
  • Three words - Modern Monetary Theory

    TOBTOB2 күн мурун
  • So many errors in this video’s analysis I don’t know where to begin. But to start, this person has zero understanding of how stocks are valued. I could go on and on and on.

    idpaydolridpaydolr2 күн мурун
  • I see the inflation Lumber is up 300%

    Kenneth MartinKenneth Martin2 күн мурун
  • This time the crisis is global....war is often the next way out....that suggests war world wide....and according to news reports they are all ramping up now

    Pat PPat P2 күн мурун
  • This is why cryptocurrency is so revolutionary, it's to escape this right here.

    Philosophy TalkPhilosophy Talk2 күн мурун
  • "If all the money is loaned into circulation as debt, and the debts are subject to interest, and if we cannot borrow more than the value of whatever we are borrowing the money for, it is unclear first of all how it is even possible to suffer what you define to be "inflation." "In other words, if we can't borrow $50,000 to buy a $35,000 home or $50 to buy a $20 tire, how can we possibly *ever* suffer 'inflation'?" "But I don't understand then, even if it were possible to suffer inflation, that an increase in circulation per goods and services would engender increasing prices." "In other words, I understand that *if* we somehow *could* be subjected to a circulation greater than the value of all the things for which we had borrowed the money into circulation, *seemingly* that greater circulation which we do not even know can exist might only at first provide a capacity to *pay* higher prices; but as to why or how it would cause them, there is no connection whatsoever, for how does a factory say for instance first detect that one day the circulation we do not know can even increase in such a way has somehow increased... are you saying that in these potentially non-existent circumstances that nonetheless the factory simply raises prices one day, to take greater profit from 'inflation'?" "This doesn't seem plausible. I'll tell you why:" "If money is introduced to circulation as debt subject to interest, then merely to maintain a vital circulation, we have to perpetually re-borrow whatever we pay against principal and interest obligations. Payments against the previous sum of principal thus are re-assumed as new principal, equal to the old - making it impossible to pay down the sum of debt. But as payments against interest obligations do not count against the previous principal, our perpetual re-borrowing of interest to replenish a circulation means therefore that the sum of debt will perpetually increase so much as periodic interest on an ever greater sum of debt. Not only would this mean that there is ever less of a given circulation to devote to prices, much less increasing prices ostensibly tolerated by the non-existent "inflation," it would mean that as a consequence of this multiplication of debt in proportion to the circulation, that the system inherently, ultimately collapses under a sum of debt it can no longer afford to service." "So we have several things here - not just some purported 'inflation,' which we don't know even can exist:" "We have an inherently, irreversibly multiplying sum of debt, which ultimately engenders collapse, and which, all along the irreversible path to that collapse, imposes ever greater costs of servicing ever greater debt. While I can understand that *these costs* manifest in ever greater prices as industry has to account for their erosion of profit margins, it is also true that ever less of the circulation can be devoted to commerce, as ever more of the circulation is inherently devoted instead to servicing debt. Eventually, even *ALL* of the circulation is devoted to servicing debt." "So it would not be an increase in circulation per goods and services which engenders perpetually increasing prices; it would be the nature of the money; it would be that all the money is subject to interest which inherently engenders perpetually increasing prices by imposing ever greater debt upon the people. And so in fact, while industry can survive this irreversible multiplication of debt, it would be the ever greater costs of servicing this inherently ever escalating multiplication of debt which actually even requires prices to inherently increase at an equivalent, ever greater rate." ~Mike Montagne, 1968

    MrPeaceandLibertyMrPeaceandLiberty2 күн мурун
  • But that GOLD US used to back the money printing own by us MAHARLIKA nation or Philippines.

    Light N A ShadowLight N A Shadow2 күн мурун
  • Are we fudged

    alex gomezalex gomez2 күн мурун
  • Im just here trying to get a steady income .

    Edward TeachEdward Teach2 күн мурун
  • As a young adult in America, I don’t know how much longer the country can last with all this money being printed which worries me.

    Jacob IngramJacob Ingram2 күн мурун
    • @Robert Mugabe more govt spending is the only option, even Trump did it

      Soberanis FamSoberanis FamКүн мурун
    • This is unfortunately what people voted for; more government spending. The more people believe and rely on big government, the more troubles it creates. Look how popular socialism again. For some reason people think that because they weren’t alive during all its previous failures, that it will somehow work this time around. All you need in American politics now is to use the right buzz words like diversity and equality and people get suckered in to giving up more control to the government.

      Robert MugabeRobert MugabeКүн мурун
  • Puts a new perspective on why Gates and Bezos are buying up tons of US farmland

    DrowDrow2 күн мурун