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Fantastic content and insights once again, thanks George G!
Wonderfully done. I was just trying to explain this to someone
New term, “Core GDP.” It’s GDP minus Gov’t spending, because Gov’t spending is too volatile.
Consider New Zealand in the 80s, and the experience of a man named McTigue, who helped save New Zealand from bankruptcy.
Banks were creating their own paper currency in the 1800s too.
Maybe Argentina needs to cry for all of us, because they have found the right way and we haven’t.
Let’s just pretend that Javier Milei didn’t attend the WEF.
Now I got questions about the FED’s role in the 1920s
@18:29 The best explanation about what people think about ( made to think)FED.
You are great George, serious issues are coming here in NZ, housing prices, ect
*My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US. The government has really called things more difficult for its citizens and even on retirement, and we can’t sit back and bear all the consequences of the bad governance. We need to take our financial life serious….. I recommend stock market investment and digital currencies*
We can’t grow our human species’ ambitions with national identity, sovereignty jurisdiction, and patriotism flags.. we need a one world government. 🌎.
You got me…..
I totally thought you were going to say negative things about him from the first few minutes.
This was a fun one and very well explained
Thanks George and rebel crew
America’s currency is on the chopping block for many countries who don’t want to be held hostage by American politicians. Which that’s any economy that produces everything we use lol.
This will not end well. Best wishes to Javier. God’s speed. >……………..:|
If Argentina can be patient and give this guy 2-3 years to reboot things will work out well but the pain will be bad up front.
2-3 years is way too optimistic; 5-10 years
He’s WEF !
@Yong Li give a real leader a little credit
It’s possible for governments to create debt free money. The central banksters don’t like it much though.
Thank you for the whiteboard. Some what you said avoided my question but you gave more answers than I ask. Thanks George
George, thank you so much for this whiteboard video. It was hilarious. 😂
If Argentina uses the dollar, what controls the interest rates, the business cycle will be at different stages in different countries eg when Ireland joined the ECB its interest rates were high in its then currency Irish punts, the ECB rate was much lower. This is what fueled the celtic tiger economy into a major bust economy
Argentina is going to be an interesting economic experiment, should they be able to both implement and stick with the new economic regime for at least a handful of years.
Unfortunately, there are many globalist entities that will be doing everything they can to make it fail. I wish the Argentinians Godspeed and hope they can withstand the forces that will almost certainly align against them.