It's Over: Americans Break - Collapse of the Millennia - John Rubino (Video)
In this 31 October 2024 video, host Travis Spencer talks with John Rubino.
The value of the dollar relative to other world currencies has been gradually weakening since 2020 after strong and steady gains through the late 2010s. Depreciation has accelerated as inflation has picked up, impacting both domestic and international investments.
Not only does Inflation resemble a tax, it impacts them too. It can push taxpayers into higher income tax brackets or reduce the value of tax credits, deductions and exemptions. This is known as bracket creep, which results in an increase in income taxes without an increase in real income. Inflation is sometimes called a “hidden tax” because it reduces the purchasing power of money and assets, while increasing the government’s spending power.
https://youtu.be/MtLV3u7E5EI
0:00 – Intro
0:50 – Is Ben Bernanke the Anti-Christ
6:15 – 2012 Operation Twist, Wallstreet and the End of the Aztec Calendar
12:00 – Is Inflation Wealth Transfer?
16:21 – What is the Dollar Bubble?
22:20 – What Happens if they Print $10 Trillion?
25:20 – Pulse Survey
27:30 – Is Consumer Income Important?
31:00 – What is a Housing Market Crash?
32:30 – Will Home Values Crash?
38:30 – Distress Sellers From Property Tax
42:30 – Consequences of Fraud
43:30 – 2008 VS 2024
51:20 – What can the Normal American Do?
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