@economictruh
John Sneisen
I help people understand Money and Economics to help them thrive in todays economy!
16 815°
About

John is an economic analyst for World Alternative Media. WAM is a youtube news platform with Millions of viewers from countries all across the world. Here John interviews experts like Robert Kiyosaki and Rob Kirby and provides deep economic analysis behind the headlines. He also provides special reports on Policies and Economic Entities like Cashless Society, Special Drawing Rights, Exchange Stabilisation Fund, United Nations, Monetary History.

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pibyk
14 080°
I think this is some sort of nonsense - the money seems to be abundant so bank runs don't make any sense. I would worry about inflation not about lack of cash which may be supplied at will, so this bank run's site looks like somebody is getting paid for spreading fake news.
2 days ago
John Sneisen
16 815°
If we take all the cash out of banks, they will shut down. Through 1500 years of banking history, this is what destroys banks—not having sufficient reserves to keep the system alive when people call their bluff. It is me that is running this site based upon 1000's of years of monetary history. The reason for cashless is, so banks want to have a bank run and fail, and you'll be a slave to the bank as to when you have deposits, the money is not yours.
an hour ago
Green Cat
1 283°
I am always a bit wary when I see self-proclaimed experts making money from providing financial advice. I mean if they are so good with finance why do they need to make a living from OPM (Other People Monies)?
2 months ago
John Sneisen
16 815°
I am in the video, my friend, and we reshare it here on my U.Community account. Please remove downvote! Please don't ever downvote this content again! Why would it be plagiarism to reshare on other social media? :)
2 months ago
Fed Madness or criminality...or both.
3 months ago
Green Cat
1 283°
Interesting insight.
3 months ago
Will Bitcoin ever be mainstream money? Comment here: https://u.community/posts/4559