When we understand how the global monetary and banking system operates, we realize that what people focus upon, i.e. reserves, are not producing the results claimed. In fact, it is grossly misleading.
In this video I discuss how the USD along with collateral shortage is placing us in an environment of deflationary money. This is going to have huge economic impacts (I predict in the second half of the year). This is not surprising since a lack of money equates to economic contraction.
▶️ 3Speak
The banks are the main issue in this problem and I just don't see them taking that many bad loans unless the government backs up all the loans. They are generally not in the business of losing money
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Banks arent about to lend with economic headwinds. It is not in their best interest.
Thus, the solution will be more fiscal spending by the government, which doesnt add any more USD to the system, just shuffles it around.
We really need cryptocurrency to kick off to a much greater degree.
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a stronger economic contraction for the second half of the year 2022 so take measures to avoid losing more power
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