Asset Inflation… (From Rome to America: The Fall of Empires Through Debt and Currency Collapse)
Asset Inflation… (From Rome to America: The Fall of Empires Through Debt and Currency Collapse)
Everyone is always happy seeing bloated asset prices, but never question why? What is the symptom causing this? Am I really a genius for what I have chosen and where I live or is it merely dollars chasing yield because they are created out of thin air. The answer is more currency is being printed daily, and it will not stop, but the bubbles always pop even with money growth. Look at Zimbabwe money does not end poverty. We have a 10 trillion dollar note to prove that. Wealth is goods and services. I want to discuss Rome and the Dark ages stemming from credit collapse much like we are facing today. This is critical to understand. Remember, this is our opinion, so viewer discretion is advised.
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