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Existential economic threats: How US states can survive without federal money -- Societys Child -- Sott.net : comparemela.com
Existential economic threats: How US states can survive without federal money -- Society's Child -- Sott.net
Wed, 05 May 2021 00:00 UTC
© Martin WinklerWe all knew it was coming; the alternative economic media has been warning about it for years. Eventually, monetary intervention and bailout after bailout by central banks always leads to devaluation of the currency and inflation in prices. Helicopter money always ends in disaster and at no point in history has it ever produced positive long-term results for a society.
The federal reserve has created trillions in fiat dollars over the course of a single year (on top of the tens of trillions created in the past decade), all in the name of offsetting deflation. This deflation was
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