The Money Printing Won't End, History Predicts | Simon Black On Inflation and Currency Collapse (PT1)
They say those who do not understand the lessons of history are condemned to repeat them. This is not the first time that authorities have intentionally devalued currency in order to stimulate economic growth, or curtailed personal liberties in the name of public safety. The world's central banks -- the Federal Reserve, the ECB, the BoJ and the PBoC -- are all expanding their money supply through inflation and deficit spending. They are fast approaching the point where their only available option to service the expanding pile of debt is to keep printing ever more, ever faster. What does history suggest will be the outcome from these efforts? And what implications will they have for those looking to preserve their wealth? To tackle these questions, we sit down with entrepreneur, investor, world traveler and scholar of history James Hickman to the program. Under the pen name Simon Black, he is the founder of SovereignMan.com, which seeks to help investors around the globe achieve true freedom and prosperity. See the YouTube Video for the charts and graphics: https://youtu.be/ZzCidbnkvoE Learn more about your ad choices. Visit megaphone.fm/adchoices
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