French public debt: Woerth VS F. de Closets

[bernardd]

But inflation exists slowly but surely, I recently found an S&V from 1976, an advertisement presents a house at 150 francs and the average household income is given at 000 francs.

Price inflation or currency inflation?

Because the only publicity is made on price inflation, to say that it is low.

While the really serious inflation is currency inflation, nobody talks about it, but it is published (with a little research ...) on the ECB website. And it is 10% per year ...

Obviously it has nothing to do with the case of Germany ... which used the "technique" of the ticket printing (which works but not very long!)

This technique is still used by all countries, but applied by credit institutions, which create 10% additional currency each year, free of charge and without consideration ...

Today, more than 99% of the existing currency comes from outstanding credits. In other words, if we decide to stop all credits today, there will be less than 1% of the Euro currency.

[dedeleco]

Since 1976 we have had a few years of inflation at almost 8% !!
And the price of living has increased tenfold like my house.
Currently the indebted states love the printing press and this hyperinflation could return to the world scale, except China which keeps us with the work of its underpaid population.
With our debts, we could end up with our paid work like the Chinese instead of taking advantage of it today as real colonialists every time we buy a piece of clothing !!
read very informative:
http://www.globalresearch.ca/index.php? ... &aid=13673

[bernardd]

Currently the indebted states love the printing press and this hyperinflation could return to the world scale,

It is not the states that operate the printing press, it is the credit institutions.

And monetary hyperinflation cannot return, since it never left ...

[Remundo]

The France 3 site works again by insisting (but at home indicating "video not found" + advertising ...)

That said...
Tonight or Never, public debt: Part 1/7
Tonight or Never, public debt: Part 2/7
Tonight or Never, public debt: Part 3/7
Tonight or Never, public debt: Part 4/7
Tonight or Never, public debt: Part 5/7
Tonight or Never, public debt: Part 6/7
Tonight or Never, public debt: Part 7/7
Source: Paul Jorion's blog

I will be able to listen ... and the econologists too

[Christophe]

works again by insisting (but at home indicating "video not found" + advertising ...)

Uh if the video not found, what exactly do you call WALKING?


Thanks for the youtube links!

Edit: ah yes it works on FR3 but the quality on ytube is better!

[Remundo]

Hi Christopher,

I listened ... Woerth did the reassuring balancing act. He really had the wrong role because the situation does not give him an argument and for political reasons and ministerial functions of finance, he can not publicly declare that France can no longer repay its debt without resorting to a devaluation. .

De Closet was good enough, Jorion very incisive (maybe too much, but we didn't give him the floor for a long time, so he had to work)

[gegyx]

Long live the cumulants who teach lessons!

And let's continue to vote for them…

http://tempsreel.nouvelobs.com/actualit ... lards.html

[Obamot]

Does the FR3 stream work for you? At my house no ...

I dared not tell you, but it’s fair

Too bad because the debate must have been interesting.

Here too with Mac and an old version of Firefox from two years ago, it works! (+ an old version of Flash).

Super interesting thread, thank you.

Debt repayment had to be negotiated when the banks had to be bailed out. Now it's a bit late ... the myth of Sysiph what ...

[Christophe]

Yes obamot, it was a tempo error on the part of the FR3 site, it had become ok a few days later.

Otherwise the program is visible here: https://www.econologie.com/ce-soir-ou-ja ... -4237.html in better quality (HDTV)

Since then, there has been another Tonight or never on debt ... see the list of programs.

Lire aussi https://www.econologie.com/forums/dette-publ ... t9654.html

[Obamot]

Thank you! By the way who's the guy talking at the start of this video:

Also watch this video: https://www.econologie.com/l-escroquerie ... -3920.html

... he looks good (a teacher?).

Small note on the bottom. Everyone knows how important and valued vocational training is in our societies. How many managers of SMEs / SMIs know the mechanisms of debt money? Being (among other things) a graduate in Business Management and Organization, I had never spoken to me about this in progress ...