Comments by "Dr. Ricco Lindner" (@Dr.RiccoMastermind) on "‘Monetary Crisis’: How To Survive Coming Social Unrest, Loss Of Purchasing Power | Michael Campbell" video.

  1. There's a great solution to get rid of all interest-related problems: Dont let central banks fumble around with leading interest rates! Always leave them low at 0% or 1% No hugher interest rates is need, unless for a few low earning safers on their emergency savings. Else it only causes troubles, like: - pointless discussions about costs of public debts, - imploding private debts, - firing inflation rather than fighting it, - preventing big capital from being productively invested (with some risk) vs. risk-free non-productive investments
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  2. Common, in USA also a lot of bullshit was innovated or many new trends and products that endangered people all around the world But yeah, also more green and socially-relevant innovations came from USA but also from Europe!! European innivators just dont get so much money thrown after them - a pity
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  3. Fiat money does not automatically erodes purchasing power, if used and channeled correctly. Its just hardly done. But this is a problem of fiscal and monetary policy leaders and mainstream economist NOT undeestanding the abilities of a fiat system - or rather abusing it!
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  4. Why should there be ever some advantage with Gold, Silver or Uranium instead of USD fiat money? On micro and macro level, do you expect anyone to have their piles of precious metals at hoem to do their groceries or paying for their vacations? Their is no good reason to rely on semi-immobile commododites vs. Modern fiat money. At least the top 1% got easily rich with fiat money and surely wont complain about it, right?
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