A New Disaster Is Necessary https://www.youtube.com/watch?v=hdX_n8vQX6g Language: en | ASR: large-v3-turbo @ 0a363e9161cbc7ed1431c9597a8ceaf0c4f78fcf [00:00:00.000 --> 00:00:04.560] Speaker 1: right because printing money to erase your debt is stealing from savers but if you print [00:00:04.560 --> 00:00:09.460] Speaker 1: that money in the middle of a disaster well then that's doing what's necessary to help save [00:00:09.460 --> 00:00:14.420] Speaker 1: people imagine that you're one of the powerful central planners you know that nothing works [00:00:14.420 --> 00:00:18.500] Speaker 1: right social security medicare medicaid veterans benefits and interest together already [00:00:18.500 --> 00:00:22.980] Speaker 1: cost more than every dollar the government makes and you know that the way out of that is [00:00:22.980 --> 00:00:27.320] Speaker 1: inflation inflation is going to take money away from all the people who saved money and if [00:00:27.320 --> 00:00:32.440] Speaker 1: people see you do this on purpose they get angry. They revolt. So here's the first thing [00:00:32.440 --> 00:00:37.180] Speaker 1: that a catastrophe might do for you, right? Because printing money to erase your debt is [00:00:37.180 --> 00:00:42.400] Speaker 1: stealing from savers. But if you print that money in the middle of a disaster, well, then [00:00:42.400 --> 00:00:46.720] Speaker 1: that's doing what's necessary to help save people. Inflation doesn't actually fix the [00:00:46.720 --> 00:00:52.460] Speaker 1: biggest promises. You can inflate away a bond's purchasing power, but you can't inflate [00:00:52.460 --> 00:00:57.620] Speaker 1: social security or Medicare obligations away because those go up with prices so the only [00:00:57.620 --> 00:01:02.860] Speaker 1: way to shrink them is to change the deal it's to cancel on people in an emergency people [00:01:02.860 --> 00:01:07.700] Speaker 1: accept these kinds of things then of course all of this sort of connects to agenda 2030 if [00:01:07.700 --> 00:01:11.760] Speaker 1: you're paying attention because a crisis is the only time people accept a new system