4min chapter

The "What is Money?" Show cover image

The Ultimate Macro Framework with Raoul Pal (WiM078)

The "What is Money?" Show

CHAPTER

What's the Solution to Wall Street?

Ragan sees the same thing and real ses that credit is his solution. So there's a massive de regulation goes on in the credit markets, and the rise of wall street happens. The world starts financializing at a unprecedented rate. But the issue is, is you turned all these people into debtors. And they were creditors before because they didn't have access to debts because they had no assets. Now you've turned all the poor people into debtor, and they've now become slaves.

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