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John Rubino - This Really is Different Maybe #3913
Financial Survival Network
English - June 04, 2018 16:30 - 23 minutes - 21.5 MB - ★★★★ - 31 ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
John adeptly answers FSN Member Jessy's question wondering if this time really is different. As Mark Twain said, "History doesn't repeat, but it does rhyme." Back in the Great Depression we were still on a gold standard, even though private holdings were outlawed. This put a lid on potential spending, although it wasn't perfect. Now, with the dollar being backed by nothing but a promise from the government, the world's governments can't print us into oblivion, which they are hell bent on doing now.