Another way to put it is that the primary cause of what you call a recession is central banking, specifically due to their inflationism and underwriting of fractional reserve banking. If you think that inflation is the product of greedy merchants or the animal spirits, or an economy that is just too hot, or climate change, you have been hoodwinked. In the first place, it is not a product of anything. The term refers to the government’s economic and banking policies. Basically, the central bank is a tool for the theft of income and wealth for the establishment bankers, Wall Street dealers, and the pork barrel interests that influence government the most, as well as for the bureaucrats themselves, as they use it to grow the size and scope of government over time.

The fractional reserve banking is causing a lot of our problems. BTC will solve this problem nicely. Long live BTC!!!!!