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Daily Live - We MUST Change the Money - 11.4.2022 | E256

Bitcoin & Markets

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Is There a Halen's Razor in Credit Cycles?

In a credit cycle or in a credit-based system as debt becomes more burdensome and less productive, maybe the more credit worthy use cases of that money will get credit. So that new credit is funneled directly to these same people that he thinks. The top 0.1%, the top Fortune 500 companies to government. Those are the most credit worthy people at the end of a credit cycle when the debt burden is high and the debt productivity is low. And this is Halen's Razor - never attribute to malice, that which is adequately explained by stupidity.

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