Lynette Zang: Stock Markets, Debt and Confiscation (w/ Eric Griffin)

151

ITM TRADING, INC.
Streamed live on Jul 14, 2021

Question 1: 0:46
Would you please explain how “lopping off zeros” works. I’m not sure what the correlation is between lopping off zeros and printing new currency with more zeros to purchase higher priced items in hyperinflation.

Question 2: 2:24
During the stock market crash of 1929, the market still existed. Will this reset permanently close the Wall Street?

Question 3: 5:09
Thank you for taking my question in your video!  To answer your questions first, I am using Equity Institutional (EI) as my custodian.  My allocated metals are being held in the Delaware Depository in a non-sequestered area. EI does furnish me with a detailed inventory listing of all my holdings and their current melt value.  As far as serial numbers, the way it was explained to me is if I placed a Perth 10oz. gold bar into my account I may not get that exact bar back, but I would receive a 10 oz. Perth bar if I wanted to withdraw it. The main point of my question, how safe am I and my holdings? The Delaware Depository proudly boasts that they are not tied into any bank or financial system.  Lynette started to talk about confiscation and that is my major worry!  Would you please elaborate on this?  Do you think the government would signal a confiscation before making such a move?

Question 4: 13:30
You mention frequently that the government needs to get rid of the debt with fiat money before going at least partial gold backed.  How will we ever get rid of debt when it is added to by the trillions at a time?

Question 5: 14:50
Why do you see Hyperinflation instead of Deflation in the US IF the money velocity in the USA keeps falling, AND the FED has hidden the M2 statistic, and one can’t see if in effect the FED is CONTRACTING the money supply?

Question 6: 17:44
What happens to merchandise that was purchased before the zeros were lopped off? Don’t those merchants lose a lot of money?

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