5min chapter

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Live Reaction to JPow Fed Pause, Mixed Messages + Bitcoin | E352

Bitcoin & Markets

CHAPTER

How to Debase a Currency

We're at the end of this debt cycle. We do not have a commodity to debase against. You cannot debase the dollar because it's based on itself. There is no way out of exponential debt and greater exponential debt burden in a system where money is debt. Prices probably will either remain the same or go up. I think energy prices will continue to go down. But as globalization breaks down, it will cause prices to go up. So that's what's going to happen. That's why there's not going to be a commodity cycle until we change.

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