All around the world we encounter with rising prices, but this rise in prices is artificially driven by an enormous rise in credit and debt.
Governments and central banks will do almost anything to stop deflation.
Debt combined with deflation is a toxic combination, because borrowers have to pay the same for their interest payments while earning less.
To achieve a $46 T of global growth it has taken approximately $185 T of global debt.
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Business Administration and Management Student | Blockchain, DEFI & Web3 | Social Worker | "Fix the money & fix the world."
In this brilliant book, Jeff Booth explains his vision of the near future with the influence of technology on it.
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