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David McAlvany and Michael Oliver return. A massive defiance of nature’s markets has been underway thanks in large part to the big lies of Keynesian economic theory. Keynes suggested that saving isn’t important and that governments and their central banks can print money to create wealth. That theory was tested in spades after the 2008-09 financial crisis took the world to the edge of wealth destruction on a level never seen before in modern times. Central banks are recognizing the need to reverse course by downsizing their balance sheets. David will explain why doing so will be next to imposs
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