Chris on Capital Account with Lauren Lyster

Adam Taggart
By Adam Taggart on Tue, Jun 26, 2012 - 6:26pm

Chris just recorded an interview today with Capital Account's Lauren Lyster discussing shadow banking & crisis risk. Watch it below:



Adam Taggart's picture
Adam Taggart
Status: Peak Prosperity Co-founder (Offline)
Joined: May 26 2009
Posts: 3312
video of Chris on Capital Account with Lauren Lyster

The video above was just recorded & released within the hour

Glenfromcanberra's picture
Status: Member (Offline)
Joined: Jun 17 2012
Posts: 2
Great interview

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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