Why Are We In Debt If The Gov Can Just Print Money?

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Why Are We In Debt If The Gov Can Just Print Money? @TheRichDadChannel

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“Lead Fighter” — That’s the title Anik Singal gives himself as a high-energy, trailblazing Entrepreneur.

Anik got his start in the online scene back in 2003 from his college dorm room.

Ever since then he’s gone on to build 6 successful companies, launched 22 top brands, generated over $250 Million in sales, and taught over 250,000 students worldwide - how to start, grow, and scale a successful online business.

As the founder of Lurn, Inc.,

Anik Singal’s passion is in creating dynamic online classroom environments that teach people how to enhance their business, financial, and personal lives.

Anik Singal has become a go-to authority in the areas of...

✅Digital Publishing.
✅Event-Based Marketing.
✅Product Launches.
✅Email Marketing.

Anik has been voted one of the Top 3 Young Entrepreneurs by BusinessWeek Magazine. In addition, his company earned the prestigious Inc. 500 Fastest Growing Companies in America two years in a row.

All of Anik’s experiences have made him the person he is today…

From struggling for 18 months when he first started, then successfully building his business to over $10 Million a year.

Then losing it all and falling to $1.7 Million in debt and almost declaring bankruptcy.

Bouncing back and generating over $10 million in 16 months, paying back all of his debt and he hasn’t looked back since.

He’s worked with and has been endorsed by some of the most influential Entrepreneurs of our time...

Including Robert Kiyosaki, Les Brown, Daymond John, Bob Proctor, Grant Cardone, and many more.

Anik is a dreamer. A thinker. A fighter. Most importantly, Anik is a teacher.

His immediate goal is empowering 1 Million Entrepreneurs to live the life of their dreams by the end of 2019.

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***3 HASHTAGS THAT LINK TO THIS VIDEO AND OTHER ANIK YT VIDEOS***

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[LupeBaptista]

I blame the Fed for global economic crisis, they can print credit as long as someone will borrow it into existence, but production cannot be printed. Right or wrong?

[bertieseale]

Printing money doesn’t make a difference it just makes it less valuable.

[furret_]

"why dont they just print more money"

*stares at zimbabwe economy*

[UnbearableYT]

It's clear they don't know how national debt functions.

[webbiess]

I thought this as well. Then i learnt how the economy works

[charlespressley]

Money is worth nothing back by nothing.

[charleshardesty]

Our government doesn't print money itself. The Federal Reserve Bank, which is a privately owned bank called "...Federal..." (many say to deceive people) prints the money & lends it to the government with interest at face value. They also set the interest rates, so the government can cut costs like crazy & they can raise the interest rate so that all that savings (more even) goes to them. Or the government can spend wildly & wasefully & The Federal Reserve can lower the interest rates offsetting all that spending (or even more). How the economy is going is a big part of why voters vote for who they vote for, so having the right to change the interest rate on the government's insanely high loan gives them incredible leverage politically

[jacobbarker]

This is the first time I've seen this man interview where you guys at least seemed to be getting along.

[davidappell]

The govt isn’t like a family. It can pay off the debt whenever it wants

[jamesparker]

The national debt is a crock. Who do we owe this money to? What will they repossess if we do not pay them back? They have people believing that gold has value. The only true value is in food, water and the air you breathe. These are the only things you cannot live without.

[maxzifyfn]

Bro a wife and 2 kids, 50k an year, and in debt? Nah mate




Ive got 6 siblings and we can just about afford the damn bills without any debt making just over 20k an year

[Girtharmstrong]

Usually a giant war comes after economic struggle like this

[waspwrap]

Doesn’t understand that the gov isn’t a household. Taxes simply correct spending

[yuvrajthakur]

Venezuela : come on baby print more money 💸

[timothytrudelle]

Reminds me of a part of Hitchhiker's guide to the galaxy, where the people who landed on earth were using leaves as currency.. but inflation was fucking stupid high because leaves are god damn everywhere.

[Entropy]

Why would printing money reduce debt? It just makes the money worth less.

[UFOSPACEMAN]

Essentially everyone working for this bank note with child sacrifice occult symbolism all over it makes it have value.

[Mermayydman]

So you actually can just keep using the credit card if you are the world's super power and strongest military that's why they have been using the credit card....

[charlesmiles]

It's not our gov't is a gov't service corporation that is in debt and has gone bankrupt multiple times over the last hundred years.

In basic accounting, if there's a debt ledger, there's a credit ledger - so where's the credit????

And WHO are the REAL creditors.

Think, who's sovereign in America?

Each American (not US citizens), a New Yorker, a Marylander, and Kansan etc are sovereign and are the Priority Creditors.

It's flipped on it's head - they cashiered away all the state trusts to use OUR credit to create debt notes (Federal Reserve Notes - which is a private group of banks mind you).

It's a big scam folks.

[Adam-imhm]

The government isn't printing money. The central banks are, in the US that would be the Federal Reserve, which is a privately owned bank. So the government is it in debt to a private bank. Let that sink in.