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Peak Prosperity

You need to pay attention to these things!

Peak Prosperity

Chris Martenson

Government, Business, Investing

4.7591 Ratings

🗓️ 6 October 2021

⏱️ 41 minutes

🧾️ Download transcript

Summary

Access to all of Chris’s content, live webinars twice a month, and much much more is available to our paying members. Click this link for a special introductory offer: https://www.peakprosperity.com/product/welcome-youtube The global financial system and

Transcript

Click on a timestamp to play from that location

0:00.0

What's on the menu today? Important information you can't afford to live without.

0:06.0

The following is the audio version of a video released at peak prosperity.com.

0:11.2

Visit peakprosperity.com to watch the video and to find other insightful content such as articles,

0:17.2

discussion forums, and exclusive subscriber-only content.

0:21.9

Hello everyone, Dr. Chris Martinson here, and welcome to this episode.

0:25.6

Really excited to bring you this episode, because as you know, or maybe you don't know,

0:30.0

a lot of my work pre-COVID was talking about what's called the three E's, the economy, energy,

0:34.6

the environment, in something called the Crash Course.

0:36.6

Today, I'm going to give you a little bit of an economics tour, as it were, because it's really important that you know this. Now, listen, I'm not an economist, but I do play one on the internet. I'm going to talk economy with you. I'm going to talk finances. You have to understand this context. By the way, just so you know, there is a part two to this, which is going to be very different. We're actually going to be talking about something that's pretty different from what you're going to hear about in part one. But these are the important conversations we need to be having. These are happening over at peak prosperity. So find that. Navigate over by the link or down in the description below. You

1:12.1

can find a link straight there. All right. So today's conversation, really important topic.

1:18.7

And let's go there. We're going to be talking about how money is created. So you have the context

1:23.9

you need to understand what's coming next with inflation and with a probable

1:29.6

economic accident. Be the politest way I could put it at this point. As always, you should

1:36.7

come away from this presentation having learned something really important. And today I'm going to

1:41.2

cover just a few quick pieces so that we can put into context

1:44.5

this inflationary impulse that's coming right now. It's going to steal your wealth. It's going to be

1:50.0

very, very difficult for a lot of people. And it's coupled with a legit supply shortage for

1:56.1

energy, the master resource. If you don't understand these things, hey, they could bite you. So context is

2:02.9

everything. Let's go there. I want to talk about what's actually going on in the world. So,

2:07.3

hey, I start here. This is the one chart to rule them all. This is the Federal Reserve's

2:14.6

balance sheet. What's a balance sheet? That's a place you park your assets and liabilities.

2:19.8

And in banking world, the Fed has a bunch of things on its balance sheet here,

...

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