Interesting. Is there samekind of animation that explains European financial / debt crisis?

This "central bank just prints more money" goes always over my head. It's just against common sense.

Here we go again. That presentation is full of unproven assumptions, and conclusions unwarranted by historical experience.

Japan has seen price deflation going on 25 years straight -- which has been disastrous. But what are these people worried about? Or what do they claim to be worried about? Runaway inflation!

One might also ask, how often have their predictions been accurate over the last 20-30 years, if their theory is sound?

And what's their excuse for being consistently mistaken? Reality is wrong! It's just a matter of time. Next week. Next year. Next century. Sooner or later, they'll be proven right. Trouble is, with only 3 alternatives -- reasonable price stability, high inflation, deflation -- you don't have to guess correctly to be right. Meanwhile, they're batting zero.

Presentation just show basic things that are absolutely correct.

So despite the fact that proponents of this view have never correctly predicted the future -- indeed, have predicted the exactly opposite of what's actually happened --their description of reality is "absolutely correct"?

If reality isn't the proof of correctness, what is? I think it would be more accurate to say that many people are emotionally disposed to believe what they're saying, despite evidence (real-life outcomes) which would seem to disprove their claims.

Thing is it is not prediction, it is constatation of facts.

There are a lot of assertions made in that video, but no facts, if "facts" means statements backed up by actual proof, sufficient to convince a viewer not already in agreement.

It is also absolutely wrong statement that such things did not happened previously

Again, there are only 3 possible outcomes -- speaking broadly -- so the fact that one of them occurs from time to time doesn't mean much.

These people claim to understand how sovereign debt works, and its consequences. If that's true, they should be able to predict the future -- if x occurs, then y has to follow. That they clearly can't reliably or accurately predict the future, with respect to operations of sovereign debt, maybe raises doubts about their understanding.

However, rather debate the substance, I'd just insist that their presentation is ideological, not factual, because they don't prove anything they claim. They don't even bother to argue -- to listen to these people, you'd never guess there's any disagreement on these questions.