…Long Live the American Dream
Raoul Pal: Real Vision
00:00
The Death Birth Ratio Is Massaging the Central Bank Balance Sheet
"I have a hard time seeing a world where the central bank balance sheet actually starts to decline," he says. "Once you see it, you can't unsee it and you realize, okay, I get this now." The fall in the denominator is causing all of this to rise, i.e., the debasement is making you poorer. But out of 2008 comes the rise of asset prices and the collapse for wages.
Transcript
Play full episode
