Will stagflation cause the dollar to crash and be a bottomless pit when the next recession hits? That is what Peter Schiff is predicting. We look at where he is right and where he seems to be off the mark when it comes to the U.S. economy and a dollar collapse. In this episode you’ll learn: Is an economic recession overdue? Why running ongoing trade deficits leads to higher private sector debt balances. Why interest rates and savings is not too low. Why the U.S. … [Read more...]
49: Is Money Dying?
Is monetary collapse imminent as some pundits say? Plus another look at gold and how to tell if a government's debt burden is unsustainable. Photo by Matthew Hester In this episode, you'll learn: What are the elements of a complex adaptive system.What is reductionism.What to do in the face of radical unpredictability.What is financial warfare.What is money.What is a personal gold standard.What factors contribute to the sustainability of nation's government debt. Show … [Read more...]
