Chris just recorded an interview today with Capital Account's Lauren Lyster discussing shadow banking & crisis risk. Watch it below:
The video above was just recorded & released within the hour
Chris, the bank/government/corporation circus will continue to kick the can down the road for as long as the public accepts bank credit as thier wages. When people leave their wages in a bank account to be spent using a card, the wages never leave the bank and are used to prop up a whole heap of debt. When people take their wages out of the bank to spend as cash, even the temporary removal of those funds from the fractional reserve system would cause the deflationary period to be over quicker than if those reserves are left in the system.
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