Central bank policy has followed a consistent pattern since the late 1980s: after each financial disruption (1990s S&L crisis, 1997 Asian crisis, 1998 LTCM, 2000 TMT, 2008 mortgage crash), the response is always the same—print money—which encourages more debt, setting up the next crisis.
factualpending
Speaker
William WhiteEvidence Quote
“every time the answer to the problem is exactly the same, which is print the money. But in printing the money, all you're doing basically is encouraging people to take out more debt, which then become becomes the the basis for the next crisis.”
Created: 8/11/2026, 7:24:53 AM
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