Trillions In US Assets Just Got 'Legally' Confiscated By This Currency Tsunami Crisis | Lyn Alden

Trillions In US Assets Just Got 'Legally' Confiscated By This Currency Tsunami Crisis | Lyn Alden

Lyn Alden explains the central banks moves...

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[Genebaket]

I knew Lyn we played baseball together when we were 7 years old, however I knew him as Larry

[PJ-ypvb]

Charmin and Dollar same value and function, Charmin is softer.

[CarlRoberts-hv]

America cannot come out of this debt trap alive 😅😅😅😅

[sogalchrist]

We’re not going to like what’s going to happen

[MY]

😂 They might be able to confiscate cash. But grabbing assets is another question. Take stocks, grabbing means you need to sell to raise cash. That might crash the market. Who would buy? Taking homes, boats, cars, etc... doesn't give the govt money unless it sells. Would create homeless, n fire sale on homes. Again who would buy if govt can take? How would a person get to work to pay taxes if can't drive to work. Taxing n austerity (cut govt programs or benefits) and/or more printing (like japan) seems more likely approach. Economy still needs to run for taxes /fines / fees at federal, state n local level. Need economic growth or the whole system falls apart. Money supply n flow makes system work. Confiscation means only flow is to/from govt. Isn't it happening already. Govt spending billions on useless or wasteful projects or programs already. Taking taxes or printed money. We didn't vote for useless or wasteful projects or programs.

[kimdani]

When Trump was President rhe debt almost doublen up due to tax cuts for the Rich and multinational compagnies😂😂