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Jin Kee
Minority Mindset
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Comments by "Jin Kee" (@JinKee) on "Minority Mindset" channel.
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24:00 modern monetary theory says that the government can create infinite money to do whatever it wants, so long as the people are indebted to each other and taxed at gunpoint by the government to create demand for the currency.
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In this case it will be the downfall of many for the benefit of one deep pocket
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The Fed will "save" us. The central bank will create a special purpose vehicle to directly buy all the houses in the country using money they create themselves and then rent the houses to us. We will own nothing and like it.
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4:30 [Cries in Australian]
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If europe goes into recession and needs to buy more imports, would they tighten more aggressively than the US Fed so the Euro can go up and they can buy more American Shale Oil?
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Oh no! She got airpods in bro, she can't hear us!
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what do you think of the mike maloney gold silver thesis of hyperinflation?
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What is the consequences of just extending the mortgage forbearance for a decade?
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lol meanwhile Peter’s pet rock has had one little false breakout and is heading lower. want to catch a golden falling knife? buy gold mining stocks and watch your capital evaporate
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19:00 What do you think of Nomad Capitalist's motto "Go Where You Are Treated Best"?
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@TwitchRadio just go to the jewelry district and find a gold buyer or pawn shop. buy the 24k stuff, because when it is time to sell they only give you the value of the gold portion of any alloy and diamonds are worthless
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lol! right on.
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i wonder if the fed has the strength to do one more rate hike to 20% like paul volcker or if this really is the 4th turning
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you didn't mention that the economic cycle only grows because people borrow money into existence that they then spend. the borrowing (printing) didn't stop
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