The Macro Moment: Elasticity Of Money
7
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Money elasticity is a vital concept that people seem to overlook. The present system is starving for money, especially USD. Since the GFC, the US has only tightened the USD that is in the domestic and global economy. They have locked more money in the banking and financial system, starving the global economy of resources that are needed.
In this video I discuss how most involved in cryptocurrency are completely oblivious to this point. They mistakeningly believe there is a ton of money floating out there due to the Fed etal turning on the "printing presses". Like most things, the masses have it completely wrong.
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