Luke Gromen Talks Sovereign Debt, Solutions, Germany, Prices, Inflation, Gold, Dollar (RCS 192)

Interview original date: September 13th, 2021 Topics- Sovereign debt levels have been resolved in 3 ways: default, restructuring, inflation/hyperinflation. German Mark relative to gold chart (1920-1922): The Mark appreciated in value vs. gold and after that it lost its value. This shows how quickly things change when there’s so much money printing. DXY, inflation, German hyperinflation, holding gold on a lever basis, losing money, German politicians, stabilizing the mark. Crypto, real estate, supply of private credit in 2005-2006, what drives prices, asset backed market, sovereign bubble, home prices, supply of capital, FED, CBDC, mortgages, deficits, politicians. National security, debt to GDP level, raising interest rates, negative real interest rates, nominal GDP growth, losing purchasing power relative to inflation, 1940s. Capital flows, being a creditor, gold, being foreign financed, twin deficit, domestic sector, economy shrinking, government growing, tax receipts, the military, WWII, dollar as a weapon, free flow of capital, financially repressing the capital, real wealth, China, inflows, capital controls, the system has gone too far. SUBSCRIBE to More George Gammon:    / @moregeorgegammon