3min chapter

The Rachman Review cover image

Where money and power collide

The Rachman Review

CHAPTER

The Debt Question and Printing Money

Soll: Are we now at a point where your theory is kind of coming to life, because your seeing this resurgence of inflation? Soll: Yes. And i'd like to explain a little bit why giving money and credit is a stimulant that produces a hangover if that has to be paid back in real dollars. When you give credit, it gives buying power, but it also creates a debt, which means you have to spend less than you earn to pay back that debt. But because that's depressing, it gives it another dose of stimulants when you get that depressing environment. That's happened throughout history ad before we turm to the other two, the populism in the

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