
Raoul Pal on the Impact Theory Show
Raoul Pal: Real Vision
00:00
What Is Currency Debasement?
The more you create of something, the less value it has. So if there's one Picasso, it's worth a fortune. If Picasso had made 5,000 of exactly the same painting, they're worth less. This is why they can't let the system go bust because now there's so much leverage that everything goes. The aim of moments in Argentina in 2001, I believe it was, called El Corolito where the Argentinians couldn't pay their bills for the government.
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