How Inflation Precipitates Societal Collapse

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Published 2022-10-10
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All Comments (21)
  • @iyziejane
    Inflation is slavery, bankers print money while most people work for it. I used to press economists about why inflation is inevitable, but never found one who knew (or would admit) the big picture. This is because inflation is a mechanism of enslavement, and the economists I spoke to were themselves enslaved. It's all very obvious to those who pursue the question to its conclusion, but most people remained chained since birth watching shadows on the wall.
  • @NicholasBall130
    The system is failing as a result of both government and federal policy. In the next days, the banking crisis would have to be epic and gigantic for the FED to decide not to raise interest rates. This won't happen; an increase and a crash are coming. There will be more negative portfolios this 2nd half of 2024 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
  • @raynoldgrey
    Inflation is far more harmful to individuals than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.
  • @painandsuffer
    "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...." Thomas Jefferson
  • @MRCHUPA
    It’s so terrible watching history like this play out in real time. It doesn’t matter what party is in power, they both agree that money printing is a policy to uphold, and while they all continue to grain incredible wealth and power, us working people are left steadily growing poorer and more dependent on them for the crumbs they throw us. It’s very disheartening. I can’t imagine the level of greed and corruption these people embody.
  • @Carson272
    It is gone, we lived through the zenith of our time. These bourgeoisie individuals in tandem with the corrupt govt. will take down this country like what happened to Rome. My condolences to anyone approaching retirement, you may have concerns over whether your pension pot will stretch to cover the rising cost of living, bad regulatory policies, bad energy policies and insane fiscal policies
  • @carter3294
    Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy.
  • THIS, is just another reason why history matters. EXCELLENT work!
  • We've been hearing "kicking the can farther down the road" for decades. We couldn't do it forever. This was always inevitable. We're probably living through the last efforts to delay the consequences of our prosperity.
  • @MadnSad
    As an economist I haven’t read or heard a statement on inflation as profound and moving as this.
  • @shingnosis
    Printing money is a choice between facing hardships now or later. Individually many of us prefer to face our hardships head on, but as a collective we invariably choose to let tomorrow worry about itself. This holds true for many things about humanity and society.
  • When the video starts with "Using the example of ancient Rome " you know it's time to buckle up...
  • The avarice of psychopaths and sociopaths is insatiable.. it's like a black hole that even light cannot escape.. and destroys even the brightest stars..
  • @Userfifteen
    From philosophy to economics, this channel has given me much to think about
  • It seems obvious, however, that both governments and central monetary institutions are aware of the inevitable nature of this downward spiral. By referring to them as being inadequate or even idiotic, we are doing them a favor. It is high time we started talking about real life perpetrators.
  • It's almost as if the powers of this world want our world to collapse. All goodness and wisdom seems to be lost in this age. Times are wicked as they are terrifying.