Banks create 97% of the money with new loans and if they are not lending then how will inflation persist long term? I do not think "experts" warning us of long term sticky inflation understand this. I don't think I understand this! Thanks for the video Ken!
I agree whit him. The only way we "need" this is if the government is taking complete charge of everything... everything.
There is nothing that people do on their own that the government can't provide of lower quality and at a higher price.
Banks create 97% of the money with new loans and if they are not lending then how will inflation persist long term? I do not think "experts" warning us of long term sticky inflation understand this. I don't think I understand this! Thanks for the video Ken!