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Martin Armstrong on Why the CBDC Will Fail and a Great Depression is About to Begin

Man in America Podcast

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The Recession Is Not a Normal Depression Style Depression

This isn't a normal recession slash depression, like the Great Depression. This one's different because they can do that. They're printing money like there's no tomorrow to try to stimulate the economy. That causes inflation and prices to go up, not come down. And so you've got fewer people working. So fewer people can buy, but in everything that they are buying has higher prices.That's stagflation. But that's the world that we're going into. We are not going into great depression style depression. We're going into more akin to Vimer Republic, Germany, hyper inflationary depression,. where nobody's working, but they're printing money to get out of it.

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