Absolutely stunning and brilliant video by George Gammon who surprises Canadian preper with non intuitive financial concepts and consequently overturn the poor guy's beliefs obliging him to admit literally that the explanation is "above his pay grade!"
What's stays is that our financial system is probably about to crash although George Gammon believes that Central Banks will be able to keep us hanging up there for a while longer. (I disagree because these things have a dynamic of their own and at some stage, as in Japan right now, the Central Bankers start to lose control.)
What is proven to be nonsense is the Canadian preper's belief in a collapsed Western economic system where you have to fend for yourself with a gun while bartering radishes with your neighbors. George Gammon gives the example of Argentina which is as collapsed as can be and where people nevertheless stick with the local currency (or dollars) to the exclusion of Gold, silver and bitcoins that nobody wants. A great practical lesson of ABC economics.
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