The Economy Is Trapped In A Vicious Cycle Of More Debt & Bigger Deficits
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Today's guest expert, Lyn Alden details out why today's high debt balances & high interest costs are forcing high fiscal deficits... which will require more debt monetization.
It's a vicious cycle similar to the 1940s.
Buckminster Fuller, the famous architect and systems theorist, famously said:
"You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete."
Lyn brings an engineering approach to finance and investing and spends a lot of time looking for better models we should consider adopting as both a society & as individual investors.
Could our markets be re-designed to become more efficient & fair?
Are central banks the best way to set monetary policy?
Is there a better form of money than the current fiat currencies we use?
We'll dig in to all those topics and more today with Lyn.
Video Length: 01:05:37
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