This approach is great ... IF you don't care about the impact of severe economic fluctuations on the little people. Markets will self-correct with no government intervention. Average people may lose all their retirement assets or lack access to things like health care and adequate housing... For this guy, those poor souls are just the collateral damage of a system that he finds enriching.
It's enriching for him because he understands how deeply flawed and predatory it is. Like he said, for the sake of the Chinese he'd rather they weren't printing money but they are and he's taking advantage of that. In his favor he is TRYING to warn people, pointing out what's wrong and has been doing so for a long time. If people LISTENED to him, Ron Paul, Peter Schiff or just studied real economics, not school crap, we'd avoid the problems in the first place. 1st lesson, close central banks.
Good bye USA from world map :)
USA = United States of Aliens
gr8hannan 3 years ago
This approach is great ... IF you don't care about the impact of severe economic fluctuations on the little people. Markets will self-correct with no government intervention. Average people may lose all their retirement assets or lack access to things like health care and adequate housing... For this guy, those poor souls are just the collateral damage of a system that he finds enriching.
patienttype 3 years ago
It's enriching for him because he understands how deeply flawed and predatory it is. Like he said, for the sake of the Chinese he'd rather they weren't printing money but they are and he's taking advantage of that. In his favor he is TRYING to warn people, pointing out what's wrong and has been doing so for a long time. If people LISTENED to him, Ron Paul, Peter Schiff or just studied real economics, not school crap, we'd avoid the problems in the first place. 1st lesson, close central banks.
Capnwabbit 3 years ago
100% Correct.
yipcarl 3 years ago