Saturday, April 27, 2024 1:24:30 PM
The contraction of the money supply will bite most likely before the end of the Summer, but as he said there's so much fiscal monetary spending going on now that could prop the System up a little longer. The Powers That Be don't want to see a crash or Black Swan come before the election, so that dynamic will be in place.
I like his take on when they implement a CBDC, because as he said it will come when the SHTF moment arrives, not when everything is fine. They'll have to attempt to sell it when all Hell is breaking loose, so they can be seen as saving the day.
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