This is an important video because one of the biggest European bank heads tells it like it is and what's happened and what's going to happen! This is a very thought provoking 45 min discussion video for those looking to expand their worldview and understanding of what's really going on economically.
Inflation, then deflation, then confiscation.
eta: The whole video is good but the specific admissions are by the first speaker Oswald Gruebel within the first 10 minutes from the 5 minute mark to the 7 minute mark. The whole video deserves a watch though. These are the "elites" of finance and media talking frankly about what's going on. Vid is from 2011.
Inflation, then deflation, then confiscation.
eta: The whole video is good but the specific admissions are by the first speaker Oswald Gruebel within the first 10 minutes from the 5 minute mark to the 7 minute mark. The whole video deserves a watch though. These are the "elites" of finance and media talking frankly about what's going on. Vid is from 2011.
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