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The Nomad Economist: All Currencies are Going to Collapse According to Jim Rickards


The Nomad EconomistPremiered Aug 7, 2022 Have you ever wondered why countries can’t just print more money to off their debts. or to feed the homeless or fix unemployment, or any other issue for that matter. The short answer can be summed up in just one word… inflation. Inflation is defined as “a persistent, substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of the currency. Technically we could potentially resolve our debt problem in that way, but it would lead to much bigger problems….

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