Economic Thoughts From Mike Maloney and Matthew Piepenburg 1-18-2024

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Warning Signs: Recent Bank Failures and the Fragile Global Financial System

Mike Maloney:  1-18-2024

Dive into the complexities of the global financial system with Mike Maloney as he explores the timeline of banking collapses, drawing parallels between the events leading up to the 2008 financial crisis and recent banking issues.

The discussion delves into concerns about the stability of various sectors, including commercial and residential real estate, stock markets, bonds, and the banking industry.

Critical questions are raised about the honesty and competence of Central Bankers, prompting viewers to reconsider their trust in the assessments of those overseeing the monetary system.

https://youtube.com/watch?v=RwTBfO_goG4%3Ffeature%3Doembed%26enablejsapi%3D1

Dollar Losing Trust Globally; Gold Is Taking Over | Matthew Piepenburg

Liberty and finance:  1-18-2024

The only way out of the US debt problem is to sacrifice the currency, says Matthew Piepenburg, partner at Von Greyerz AG.

Dedollarization is accelerating, and countries around the world are accumulating gold at a rapid pace.

Piepenburg has been skeptical that the BRICS will develop a gold currency. He says the BRICS nations do not have to have a gold currency to use gold in trade.

INTERVIEW TIMELINE:

0:00 Intro

1:30 Dedollarization

6:34 Petrodollar

14:43 Gold price

21:25 Inflation