Show Notes
Many are whispering and worrying about the pending doom on hyperinflation due to mega government printing and crushing debts...
We break down what causes inflation, and why hyperinflation isn't likely in come . . . instead it is a cancer far more difficult to overcome--deflation.
We examine what happened in Germany in 1923 with hyperinflation, and Japan in the 1990s with their lost decade due to deflation, and what could be in store for the globe in the years....
Most importantly . . . there is ONE simple action you can take to own your future.
Links:
Germany 1923: https://alphahistory.com/weimarrepublic/1923-hyperinflation/
Japan's Lost decade: https://www.thebalance.com/japan-s-lost-decade-brief-history-and-lessons-1979056#:~:text=Following%20the%20crisis%2C%20many%20Japanese,resulted%20in%20a%20deflationary%20spiral.
Jim Rickards: https://www.youtube.com/watch?v=Dqj-NvIUN_o&t=804s
How the economy works (deflation): https://www.youtube.com/watch?v=PHe0bXAIuk0
Until next time… Be a purpose seeker, discern the Truth, and own the future.
Thank you for listening, and as always you can find me at:
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LucasSkrobot.com
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What is Weaver & Loom?
In Weaver and Loom, we unravel the wonderment of the spiritual, natural, fate, and the divine through mythic and sacred story, biblical parables, ancient fables, and Christ-haunted narratives--getting lost in the mysteries of the our human creation so that we might grope our way to Christ and become illuminated in midsts of the mundane and sufferings of life.