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RE: Daily Crypto Markets Live Blog: Hester Pierce Criticizes SEC (06/17/22)

in LeoFinance2 years ago

Deflation is no good in a debt-based economy such as ours is. When the economy is based on sound money, then deflation is what we want since it's also an indicator of productivity.

With total global debt levels at unsustainable levels-- and no way to pay off that debt ever-- it looks as if we are witnessing a controlled demolition of the global economy. It could have been triggered by the crisis in the repo market going back to October 2019, and we know what's happened since then.

It's in hindsight where things begin to make sense for us, but by then it's usually too late for us. Without getting into any theories about who's trying to control what, it's safe to say that a number of agendas are being implemented simultaneously under cover of economic turmoil. "Public health" has been recruited to be used as one such tool as never before. All that's left is war, and that is right on our doorsteps.

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