Ray Dalio explains.

Inflation is just a less honest, regressive form of default

I love how this is mind blowing to the host.

That dude at the end. Lolz

Over 4 million Youtube subscribers.

“Only one man in a million really understands”

Bonds are for suckers…

He's never heard anyone say it like that? So he's never watched a Max Kaiser video or a Peter Schiff? Freaking quoth the Raven? Nobody? There's two dozen guys that say it every day

This is a guy with 4.33 million Youtube followers who has interviewed Schiff.

He left out one other option, which was to eliminate some of the bondholders.

Thanks Ray

The guy's a billionaire somehow.