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Understanding Money Creation and Debt
This chapter clarifies the misconceptions about government money printing and the roles of banks in creating money through loans and deposits. It distinguishes between inside and outside money, exploring the implications of debt in the economy as both an asset and a liability. Additionally, the discussion touches on leveraging investments, particularly through ETFs, while addressing the risks and costs involved.
On today's show, we talk to investment expert, Cullen Roche, about contrarian market ideas at the start of 2020.
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