30 Comments
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Brian's avatar

Interesting. thanks. I disagree with his reasoning that debt doesn't matter because printing money, devaluing the dollar is another way of looking at the total deficit but it still equates to the same thing, more inflation and a dollar that isn't worth anything just like Germany did in WW2. The only reason we still can do this is because we are exporting our inflation, for now, until the world rejects the dollar as its reserve currency which is happening. I expect inflation to take off in the future and commodities to continue to go up as well in value due to the enormous amount of dollars created electronically.

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Gregory Mannarino's avatar

I disagree with him as well on the debt.

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Jay Blue's avatar

NO, not like Germany did in WW2!! The Weimar Republic hyperinflation was long gone by WW2. Germany was prosperous then thanks to the economic policies of Hitler.

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Straw Man's avatar

Yeah you can’t eat the money Greg could have kept the video off the site

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Vdvupur's avatar

It's a very long-winded joke. The entire dialogue must be sarcasm or else he is advocating the Status Quo. It's a half hour I'll never get back. Thanks, Greg

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Robert R's avatar

Thank you Greg.

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Kevin R Tuso's avatar

Great video Greg. Thank you!

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Will M.'s avatar

This is good stuff man. Appreciate it!

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Charles DiDonato's avatar

I don’t agree with the author that the national debt and deficits are irrelevant. And also, he is taking a lot about “savers” owning our bonds. All I know is that there are many countries that own our bonds, as well as a large number of institutions throughout the world. And we also are very aware that some of the largest holders are now reducing exposure to our bonds and are moving towards gold, silver and other commodities. They realize that our fiat currency is imploding and that our government cannot and will not stop deficit spending. And as a result the purchasing power of the dollar will continue to drop. On top of this, the BRICS and their many new members will continue to work towards dollar “independence”, thanks to the Biden administration weaponizing the dollar against Russia. It’s all a big mess and I for one do not want to go down with the 🚢. Continuing to take any excess cash and buying Gold, Silver, Bitcoin, guns and ammo. Hope for the best, but prepare for the worst.🦁🦁🦁🦁🦁🦁🦁🦁🦁🦁🦁🦁🦁🦁🦁

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Jay Blue's avatar

Schwab had a "Bank of America" moment today when the balances of some of its account holders were zeroed, but they quickly fixed the issue.

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Watchmaker's avatar

Wow, his voice makes my HEAD HURT..... :-( BLAH, BLAH, BLAH.....

no one is going to listen to this guy because he's irritating.

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DawnieR's avatar

I had to stop 15 mins into the video. It's really hard to listen to because his voice is too 'robotic'.

It really does sound like a 'digital voice' (even though it is not); I cannot listen/watch THOSE vids (with 'digital voices') either. That type of voice (whether real or digi) just does NOT 'register' with my Human, Analog Brain. There is no EMOTION (as a human speaks).

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Josephine's avatar

Calm down, you sound like a person having a nervous breakdown.

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DawnieR's avatar

Fuck off, asshole!

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Josephine's avatar

No wonder your are a Neurotic Bitch. You have only 3 (three) followers. Ha, Ha, Ha.

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Josephine's avatar

Shove it where the Sun don't shine you sick Neurotic IMBECILLE

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Josephine's avatar

You mug shot says it all UGLY Bitch. 🤪

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LJ's avatar

Someone write up a tldr, I went for 10 mins on this guys voice, can't go further.

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William Losch's avatar

Boring BULLSHIIT! An outright FOOL!

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Straw Man's avatar

He’s saying as long as wages are keeping up with the printing press every thing is cool but he forgets that we got where we started from slavery

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Richard Dewayne Howard's avatar

Your post is always educating us listeners. I truly appreciate each post you ever do. May God bless everyone mentally, financially, physically and mainly spiritually. Love to everyone, Richard Dewayne Howard

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Edwin Tracy's avatar

He sure put a negative view on Gold or Silver, I sure as heck cannot get behind his take there. Seems there is a LOT of reasons to have at least 5% of your net worth in physical gold and silver. I would love to hear Greg's thoughts on that part.

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Andrew Towne's avatar

Sometimes it's better not to say anything and let the storm pass.

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Me's avatar

End the FED

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