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Topic: Video: How Negative Interest Rates & Deflation Will BANKRUPT THE WORLD - Maloney (Read 446 times)

legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
For many years they manipulated the fiat currencies to benefit their economy and in the process they created a even bigger gap between the first world countries and the third world countries. They printed money from thin air and offered it as debt to these countries, pushing them even further into debt.

This situation will only get worse with negative interest rates being offered. You cannot give a dead horse water to drink. ^hmmmm^
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
Basically European Central Bank will try to fix all their problem with creating more money. Which is never good idea in the first place.
It is as Maloney said - Keynesian economists can't drive the world's economy, it is not sustainable in the long run. They know that, too.
At this point I am starting to believe it is scheme created to purposely induce economic crisis.

I think that the system can go on as long as people accept dollar as the world currency. Sure, the devaluation of the dollar has been insane for the past decades, but if you ask people around you, they will not be aware of this devaluation, and everyone still accepts dollar as the king currency. So as long as people accept it... I don't see how the system will collapse. As long as people keep doing their normal life, I don't see riots in the streets about it anytime soon. Maybe once they remove cash, then we will see some serious shit, since a lot of people is surviving by doing undeclared work.

hardly dollar isnt the only currency on the market
on exchanges in world you have euro, GBP, Japanese Jen ..... all sort of world currencies
bad idea is that government always print cash that is bad in global but we cant stop them
for work this is 100% true for example Nike have Factory in Taiwan and make shoes for $ 10 and sell same for $ 100
legendary
Activity: 1106
Merit: 1005
Basically European Central Bank will try to fix all their problem with creating more money. Which is never good idea in the first place.
It is as Maloney said - Keynesian economists can't drive the world's economy, it is not sustainable in the long run. They know that, too.
At this point I am starting to believe it is scheme created to purposely induce economic crisis.

I think that the system can go on as long as people accept dollar as the world currency. Sure, the devaluation of the dollar has been insane for the past decades, but if you ask people around you, they will not be aware of this devaluation, and everyone still accepts dollar as the king currency. So as long as people accept it... I don't see how the system will collapse. As long as people keep doing their normal life, I don't see riots in the streets about it anytime soon. Maybe once they remove cash, then we will see some serious shit, since a lot of people is surviving by doing undeclared work.

maybe in the eyes of the average person on the street the dollar still stands strong, but geo-politically the dollar is on its death bed.

China, Russia and many other countries made currency swap deals with each other and other nations to circumvent the dollar.

Many oil producing countries accept currencies other than dollars. Most of the wars in the middle east were actually a futile attempt of america to keep their precious monopoly on oil. As in, enforcing that oil can only be bought for dollars, while forcing those countries to spend a lot of those dollars on bonds, which allowed the USA to print many dollars without getting a lot of inflation, and which is also the reason why america could import so much without having a large export market, something no other country could pull off.       

Not only the recent wars in the middle east, but basically all the wars since 1900 or so were fought mainly for control of oil. Even the two world wars were at least in part about control of oil. Sure, there were more things going on in those world wars, but oil was a very important factor as well.     

America has lost their grip on the petro-dollar, and they will never be able to keep importing this much without having a healthy export market and maintaining the dollars value at the same time. The dollar is rapidly losing value and this will get worse and worse as more people start to see how worthless the dollar actually is.
legendary
Activity: 1106
Merit: 1005
did this guy even finish his video on bitcoin he was going to make?

I like his series of 'the hidden secret of money' or something.

I know he's a gold/silver bug but who can really blame him, he was a skeptic against fiat before bitcoin was a thing, and as far as i know he is positive about bitcoin as well.

The petro dollar is on its last legs, more and more countries are now conducting trades completely bypassing it.

The yuan will shortly become the no. 1 world currency.

it might be the shortest reigning world currency ever.
legendary
Activity: 2254
Merit: 1043
The petro dollar is on its last legs, more and more countries are now conducting trades completely bypassing it.

The yuan will shortly become the no. 1 world currency.
legendary
Activity: 1358
Merit: 1014
Basically European Central Bank will try to fix all their problem with creating more money. Which is never good idea in the first place.
It is as Maloney said - Keynesian economists can't drive the world's economy, it is not sustainable in the long run. They know that, too.
At this point I am starting to believe it is scheme created to purposely induce economic crisis.

I think that the system can go on as long as people accept dollar as the world currency. Sure, the devaluation of the dollar has been insane for the past decades, but if you ask people around you, they will not be aware of this devaluation, and everyone still accepts dollar as the king currency. So as long as people accept it... I don't see how the system will collapse. As long as people keep doing their normal life, I don't see riots in the streets about it anytime soon. Maybe once they remove cash, then we will see some serious shit, since a lot of people is surviving by doing undeclared work.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
Basically European Central Bank will try to fix all their problem with creating more money. Which is never good idea in the first place.
It is as Maloney said - Keynesian economists can't drive the world's economy, it is not sustainable in the long run. They know that, too.
At this point I am starting to believe it is scheme created to purposely induce economic crisis.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
How Negative Interest Rates & Deflation Will BANKRUPT THE WORLD - Mike Maloney

https://www.youtube.com/watch?v=Ths84ZCNDGg&feature=youtu.be&a
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