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Greg Hunter interviews Paul Craig Roberts who says, We Need a Debt Jubilee or the System Collapses [VIDEO]

Posted By: NaturalWisdom
Date: Wednesday, 15-Apr-2020 00:51:31
www.rumormill.news/144588

Paul Craig Roberts Ė We Need Debt Jubilee or System Collapses
Greg Hunter
Apr 14, 2020
https://youtu.be/cpi04VA1XQg

Former Assistant Treasury Secretary in the Reagan Administration Dr. Paul Craig Roberts says, ďWe need a debt jubilee. Debt jubilees were widely used in the ancient world. . . . . Either the system goes into collapse or you write the debts down and you start over. . . . Again, either you paper it over again or you donít succeed and everything blows up.Ē

What about the rising gold price during this new round of bailouts? Roberts says, ďIn the previous bailout, it did not affect the dollar. The question is this bailout, on top of the previous bailout, is it going to affect the dollar? Are people going to say, good heavens, do we really want to hold dollars when they are creating so many? People are saying we donít know how this is going to play out, but they canít print gold, so letís get into gold. . . . I donít know how people are going to see this, but the enormous money creation, no doubt, worries some . . . . If they are successful in reflating the stock prices, then the problems with the dollar is over--for now. . . . Again, bailing out debt with more debt is kicking the can down the road. How long can you kick it? We donít know until we will find out you canít kick it any further.Ē


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