credit can expand infinitely as long as physical economy grows as fast as credit expansion! only looking at credit supply as a barometer of economic actitivity is total insanity...
@Dattutsoweh I said it above. production will compensate for depreciation of money. printing money is not the fundamental problem. it is where these money go; speculation or production.
please upload the other parts to this with english sub titles of course. great job for the translations, its much appreciated!
prickett233 1 year ago 6
@prickett233 uploaded
vorbeigehende 1 year ago
@vorbeigehende
thanks alot.. gonna watch them now!
prickett233 1 year ago
credit can expand infinitely as long as physical economy grows as fast as credit expansion! only looking at credit supply as a barometer of economic actitivity is total insanity...
iaf000 1 year ago
@iaf000 Could you please explain further how you come to this conclusion?
Dattutsoweh 1 year ago
@Dattutsoweh I said it above. production will compensate for depreciation of money. printing money is not the fundamental problem. it is where these money go; speculation or production.
iaf000 1 year ago