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Jeff Booth On How Inflation Is Theft #904

The Pomp Podcast

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Is This a Global Crisis?

When we think about the makrol situation, or cind of the global environment, it's scares the hell out of me. But if we then go and we look at specific examples at the country levelo individual a situations,. We have lebanon as a recent example, where the stats that i 've seen are the local currency has collapsed 90%. The economy has collapsed 60 % in about two and a half years. And the central bank recently declared bankruptcy. It's an incredible dire situation for them. A but is that an example of how they get over their skezer, or a kind of it gets out of control? They don't make the right monetar and fiscal

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