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Published on Feb 5, 2012
Michael Maloney explains in this informative interview how the debt based currency system we follow requires the issuance of more and more fiat currency (aka. paper money) to keep the whole thing going. The present policy of active currency debasement adopted by the central banks of the US, UK and EU through QE, Money Printing, Bond Issuance, etc etc will ultimately lead to a massive flow of funds into sound asset classes as people attempt to retain their wealth. So how does it all end..? Mike explains.
wesayUK.com - For people interested in real news not mainstream media propaganda. An informative educational site promoting free market economics, arguing the case for low taxes, honest money and small government.