Greg Hunter Interview: Rick Ackerman -- Debt Destruction Means Deflation
Greg Hunter interviews Rick Ackerman, financial writer and professional trader, about the debt, economy, gold, and markets.
Topics:
- (00:32) What is your basic premise about what is going to happen?;
- (01:24) Do you mean that the debt will not be paid?;
- (02:32) Could there be both inflation and deflation?;
- (03:53) With all the store closings in the U.S., do you think the deflation scenario is building?;
- (05:14) Is this why the U.S. Federal Reserve wants inflation?;
- (07:08) Are you saying they never intend to pay the debt back?;
- (09:20) When do you think we will start seeing major cracks in the financial system?;
- (10:38) When do you think the stock market will turn downward?;
- (13:35) Where does that leave the U.S. Federal Reserve?;
- (16:41) What is the message the U.S. Federal Reserve is trying to tell everybody?;
- (18:04) Do you think interest rates will be cut soon?;
- (20:22) Do you think an interest rate cut will work?;
- (21:31) Could somebody just crash the market?;
- (23:26) Do you think the downturn will be quick?;
- (25:20) What do you think about gold and silver?;
- (27:19) You think cash will work really well for a while?;
- (29:06) What do you expect to happen during the rest of 2019?;
- (30:43) Talk a little about your service at RickAckerman.com;
- And more...
35 minute video by Greg Hunter published 26 March 2019
Link Associated with this Interview
$1 Quadrillion Global Derivative Market Means Deflation – Rick Ackerman
Source:
Greg Hunter's YouTube channel: USAWatchDog
USA Watchdog website USA Watchdog
USA Watchdog on SteemIt: @usawatchdog
USA Watchdog on Twitter: @USAWatchdog
I am not affiliated with the USAWatchDog, other than being a fan and avid follower of Greg's work.
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This content is for informational, educational and research purposes only.
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Thank You!
Thank you!
Thank you so much for this awareness post. Deflation would somehow mean a major growth in the economy of a particular country. But the inflation most of the times is experienced worldwide.
If we will be able to control if not totally stop the rising amount of unpaid debts then the returns given back to the financial institutions will be able to circulate to all the ones who have good credit standing according to their limits. The unending and compounding of interest rates added to the principal amount given as a credit would really make a person lose interest in paying back what he owes. Financial institutions should really consolidate the rates even for accounts under collections.
I would like to nominate this post to my friend's #up-gage challenge.
I know the money printing and accumulation of debt will not end well. I have heard some predict hyper-inflation and others predict deflation. It makes it hard to prepare for what will come.
Have a great week!
Steem on,
Mike
Thankful for this immediate response. There would be a lot of causes that will trigger a hyper-inflation. The major cause if when the government decided to make this happen because they control mostly what goes around. We should all be prepared just like what you said.
Enjoy the rest of the week too. ^^,
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Thanks for posting Greg Hunter's interviews. I wish he would post on Steemit as well as You Tube, as others do.
I prefer to listen to him on Steemit rather than You Tube that censors content that it considers as hate speech or politically incorrect.
I have tried to get Greg Hunter to post his interviews on SteemIt. Greg has an account on SteemIt but is not using it.
Listening to Greg interviews, Greg is not a fan of cryptocurrencies. He does like gold and silver.
I will continue to promote Greg's interviews here on SteemIt because he deserve wide dissemination. I hope with each post, Greg gains a few more subscribers on his YouTube channel.
When I listen to Greg's YouTube videos I always let every advertisement play through. And since I played this video four times today, I hope the advertisement revenue adds up for him.
I do hold out hope that Greg Hunter will begin posting his videos to SteemIt as other YouTubers do. Until then, I will continue my effort to disseminate Greg's work to a wider audience.
Have a great week!
Steem on,
Mike
Thanks for your reply. Yes, he does deserve a wider dissemination, so I cannot understand why he chooses not to post on Steemit and also receive curation awards , which for his posts would be quite rewarding.
Yes, he is a very big fan of silver and gold - always asking a invited guest to predict the price to where it will go when the next financial crisis happens.
Regards,
Agrostis
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More portion of profit will be given to delegators, as the SP pool grows!
Comment below or any post with "@opb !delegate [DelegationAmount]" to find out about current APR, estimated daily earnings in SBD/STEEM
You can now also make bids by commenting "@opb !vote post [BidAmount] [SBD|STEEM]" on any post without the hassle of pasting url to memo!
* Please note you do not have to key in [] for the command to work, APR can be affected by STEEM pricesHey that's damn informative, keep sharing it!
You got a 93.35% upvote from @emperorofnaps courtesy of @etcmike!
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