I read the other day that the market cap for all crypto currencies was about 2.25 trillion world wide. Got me thinking, what if there were no crypto? Where would all that money be? Would inflation be even worse if that 2.25t was out in the economy. Are crypto investments like a sponge sucking up...
...In continuing the tradition of our "Reality check" threads, here's interesting interview with one guy from Zimbabwe, about how it is under the rule of the TRUE masters of fiat money printing.
I find couple of his points very similar to what we used to have in Poland in the 80's - black...
http://ceo.ca/frank-giustra-long-form-interview/
There are some great/sobering quotes in this article/video, enjoy!
“It’s easier to make money with inflation than with deflation. All you need to make money with inflation is money…Those that influence policy are usually the ones that have...