#Deflation is coming! The credit-based system needs #inflation to run. What will central banks do? I think we all know the answer. Be prepared! #SoundMoney #Bitcoin
Discussion
What are the implications? Recession, job losses, then money printing?
Yes. But You need to add some more elements to the playbook before the printing party:
1. More Taxes
2. Capital Controls
3. Forcing pension funds buying the bond crap
4. Expropiations
5. Maybe forced mortgages
Funny times