Article 4575 Video - No Debt Expansion Equals Collapse - Friday, December 29, 2023 By Anna Von Reitz

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Article 4575 Video - No Debt Expansion Equals Collapse - Friday, December 29, 2023 By Anna Von Reitz

Sounds counter-intuitive, doesn't it?

The Bretton Woods conference and all the solutions coming out of it depended on an "ever expanding economy" and unfortunately, also depended on fiat currency and central banks and.... ever expanding debt.

If you think about it, it's obvious. If the economy is good, people invest, which means they go into debt and the new debt creates what? New debt notes. This inflates the currency and devalues it, but, if the economy continues to expand, it doesn't matter.

What do you need for a "continuously expanding economy"?

You need a continuously expanding population demanding goods and services, which is what you would expect overall absent a great plague or nuclear war, etc., especially in the post-war Baby Boom Era.

Plus, you need a continuously spending and investing population creating more debt for itself. You have to have a good consumer base of people eager to go into debt to buy things like jet skis and yoghurt makers.

Those two things-- expanding population and expanding debt-- are what are needed to fuel the kind of ever-expanding economy that Bretton Woods depended upon ---and in the post-war 1940's, those were both sure bets.

Where are we now?

The Baby Boomers have topped off; most of them have quit borrowing and are instead paying off loans, finishing mortgages, and going into reduced-spending retirement mode.

The potent economic driver provided by the Baby Boom is winding down.

At the same time, thanks to nut cases in DC, Rome, London, and elsewhere, we are in a deepening population collapse -- which will not only kill our economy, but the entire world economy using the debt-note currency model.

As we pay off debts with debt notes, which causes inflation, the vicious cycle deepens.

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