(Recorded on 05/30/23) Topics covered on this video coaching call Gain insights into the companies revolutionizing the AI industry and uncover potential investment opportunities including our top Smartscore-ranked AI stocks for 2023 in this new video with trading...
Friends, you often hear me talk about the fact that America has a debt-based monetary system. But what exactly does that mean?
Put simply, it means that money is debt. That may be a hard concept to grasp. I know that I was stunned when I learned this concept many years ago. However, until you grasp this important concept, the incentives driving the financial industry and our leaders in Washington will make little or no sense.
I recently found this very helpful video online. It is a very simplistic explanation of how the U.S. dollar is really nothing but a piece of debt.
Its about 45 minutes. So plan on taking some time to watch this. (Warning: While this documentary really nails the problem, it stumbles a bit when it attempts to present a solution. Keep that in mind.)