Many seem to feel the answer is deflationary money. Unfortunately, these people do not realize that we are dealing with 15 years of this and the results are not positive.
In this video I discuss how US GDP is lagging by about $6 trillion behind the long term trends heading into the GFC. At the same time, the global economy is trailing by tens of trillions. This is a lot of wealth and productivity that is lost. We are now at the point where, when judging the shortfall, we are in a major depression.
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