Comments by "Ace1000ks1975" (@Ace1000ks19751982) on "Recovery Fantasy Persists Despite Contrary Data" video.

  1. Mr. Schiff, how is there going to be inflation if the money is going to a handful of billionaires and millionaires? The majority or 90% isn't getting this money, and rich people are very stingy people. In other words, most of this money that is being flooded into the stock market is going to the very top. If the masses got the money, we would see inflation; however, if a few people get most of the money there will be very little inflation. For example, if there was $10 trillion circulating in the economy, and 10 people had $5 trillion, 3,000,000 people had $4 trillion, and 300,000,000 had 1 trillion dollars. How can there be inflation? The 300,000,000 people have more debts than they have assets, so they will be busy paying the bills, paying off their debts, paying their mortgage/rent/lease, etc. They will have very little disposable income to cause inflation!
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