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We're currently witnessing the end of a 100-year sovereign debt crisis, something none of us living have ever experienced before. Our entire financial system is like a giant Ponzi scheme, where we have to keep expanding the debt to prevent everything from falling apart, but that leads to inflation.
The Biden administration has been running ads claiming that inflation has fallen by 45% from its peak, but that's misleading because prices are still going up, just at a slower rate. In reality, overall prices are almost 15% higher than they were two years ago, and essentials like groceries have gone up even faster.
Join me as I dive into the numbers and provide you with the real facts, because it's important to understand how these changes affect our daily lives in this changing world.
See omnystudio.com/listener for privacy information.
4.9
195195 ratings
We're currently witnessing the end of a 100-year sovereign debt crisis, something none of us living have ever experienced before. Our entire financial system is like a giant Ponzi scheme, where we have to keep expanding the debt to prevent everything from falling apart, but that leads to inflation.
The Biden administration has been running ads claiming that inflation has fallen by 45% from its peak, but that's misleading because prices are still going up, just at a slower rate. In reality, overall prices are almost 15% higher than they were two years ago, and essentials like groceries have gone up even faster.
Join me as I dive into the numbers and provide you with the real facts, because it's important to understand how these changes affect our daily lives in this changing world.
See omnystudio.com/listener for privacy information.
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