2min chapter

Hidden Forces cover image

How to Survive in the New Economic & Financial Order | Russell Napier

Hidden Forces

CHAPTER

What Is the Effect of the Financial Repression?

Despite low interest rates and liquidity, banks did not expound their balance sheets. This was despite the creation of plenty of debt by central bankers. If i lend you a hundred dollars, and i'm not a banker, then that's a hundred dollars of debt that's just been created. We didn't create any money. Had i been a city and lent you hundred dollars, i would have created money. For whatever reason, t didn't work. And we can give you lots of reasons why it perhaps it didn’t work. But the point is it didn't work."

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode