The Government is managing the economy through government debt and the Fed printing money. There’s no better example of why they do this than when the Fed announced it would create limitless amounts of money in March 2020. Had the Government not printed money, the U.S. would have certainly fallen into a depression.
The question you should be asking is, “How long can this go on before we spiral into a new depression?” To answer this question, you first must:
1. Understand the forces that drove the global economy and the financial markets before the Coronavirus struck.
2. Understand what the government must do now to prevent unprecedented destruction of wealth and a new Great Depression.
Listen as host Robert Kiyosaki and guest Richard Duncan, author of the international bestseller, “The Dollar Crisis: Causes, Consequences, Cures,” discuss how the current financial crisis started long before the coronavirus spread throughout the world and what you can do about it.
Richard Duncan’s website: http://www.richardduncaneconomics.com/
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