Highlights:
-The past few days on Wall Street have been brutal, but this has been in store for months
-There are disruptions to the supply chain and lower standards of living in many countries
-His new book, The Money Revolution, took him 4 years to finish; he re-wrote certain chapters and added other ones in the process of seeing how things panned out
-The book talks about the history of money, the history of credit, and the lessons we can learn from these histories to make policy recommendations
-With creditism, the growth dynamic in our economy is based on credit creation; it must have credit growth to survive
-We discuss “the future” and why a large-scale Investment Program is urgently required
-Every generation is responsible for solving the problems it creates/inherits
Useful Links:
Financial Survival Network
Richard Duncan