This guy could show Graham Stephan a thing or two. Like putting information over clickbait.
The money won’t disappear. They don’t want it to.
Audit the Fed and then rule it a criminal institution and let it go bankrupt, not America.
Government buying all the private loan debt (Boomer debt) is called Communism. That will also never happen. The only way to jubilee is 1. repudiate odious debt and aside from the above, 2. make it legal for people to declare bankruptcy to discharge ALL such debts. If people want to drop it, they can, they just cannot KEEP the asset/s they haven’t actually paid for, which is fair. A total bail-in bail-out type set-up as he posits would punish all those who didn’t go into massive mortgage, HELOC and CC debts.
Historically, a small slight deflation precedes hyperinflation.
The banks don’t want to cancel debts for the People, why would they? They want everyone to foreclose on every single asset, so they own it all. It’s a huge game of monopoly.
Philosophies of a Disenchanted Scholar 