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WiM011 - The Booth Series | Episode 1 | Inflation Opposes Innovation
The "What is Money?" Show
How Can Central Banks Change Their Business Models?
There are over a hundred and 30 trillion dollars of negative, real intere yielding debt. People believe it's safe to put your money in nat on your best day, or you're going to lose money. And the best i could do is lose my money, or lose some of my money. The system has trapped itself in a negative feedback loop where governments have been essentially suppressing capital. They've been lowering interest rates by producing new debt that can't be paid back. But if interest rats go up, the entire system collapses. That really literally pulls the rug out from under you. It's too late. We've actually penetrated zero bound levels. So there's no way for us to
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