Poster Comment:
He is citing Bernanke's 2002 speech saying deflation would never happen here. Deflation is bad for Bankers as it makes debts more valuable. They need hyperinflation to cut the value of the debt.
| Source: | https://www.youtube.com/watch?v=Z0_3TC3SK8Q |
| Published: | Jun 1, 2023 |
| Author: | David Quintieri |
| Post Date: | 2023-06-01 10:03:26 by Horse |
| Views: | 127 |
Poster Comment:
He is citing Bernanke's 2002 speech saying deflation would never happen here. Deflation is bad for Bankers as it makes debts more valuable. They need hyperinflation to cut the value of the debt.