21min chapter

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225 - Rob Dix - The REAL Price of Money

CamBro Conversations

CHAPTER

The Financial System: Rigged Against the Average Person

This chapter explores how the financial system is rigged against the average person, highlighting the power of central banks to create money out of thin air and the negative returns on savings due to higher inflation than interest rates. It discusses the impact of excessive money creation, the detrimental effect of saving money in the bank, and the differences between the responses to the 2008 financial crash and the COVID-19 lockdown.

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