The Great Unwind | iHeart
The Great Unwind is continuing. I have been discussing this topic, the Crypto Unwind or the Great Unwind for some time now. It’s an unwind of leverage or deleveraging. Leverage is built up through credit and in our current monetary system, which is a debt based system, all money that is created is debt.
Money is created in existence through debt, issuance, not what most people think when they say ‘Printing Money’ .
In this Clip from iHeart Media we look deeper into this, compare and contrast to 2008, when people bought multiple houses at the same time and over leveraged themselves. You can of course grow with leverage this way… but it also has many consequences.
Watch the Full Episode Here: https://youtu.be/YliZJsKu2EQ
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