#16 - Disaster Management & Funding a Recovery
Another Perspective - July 20, 2020 - So many challenges face humanity at this most important juncture. Our economic system, already near the end of this long expansion, was abruptly halted with COVIV19. The economic toll of COVID is still unknowable, but likely to be greater than all recent wars combined. Now we have the planet and its natural calamities adding more fuel to the fire.
Are there solutions to be found amidst the problems of the day? Can we see them, or will we continue to rely on centralized governments to fund/come to the rescue?
Sometime soon, the primary tool that governments have to deploy for these challenges, their respective currencies, will fail to work. We need to be prepared for that eventuality.
00:51 Central Banking Disaster Management Funding A Recovery.
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15:45 How Is Money Created And By Whom