ALERT: Velocity of Money & The Great Taking | Mike Maloney
Mike Maloney: 12-26-2023
Explore the critical concept of the velocity of money and its historical significance in this insightful video.
The discussion delves into how the collapse of velocity has led to the loss of assets and the fall of empires throughout history.
The analysis suggests that the current economic situation mirrors past patterns, emphasizing the importance of understanding and monitoring the velocity of money.
https://www.youtube.com/watch?v=8etB_ft35gU
Peter Schiff: Gold, Inflation and the Banking Crisis: The Outlook for 2024
Expat Money: 12-26-2023
Today’s guest is Peter Schiff, an American stockbroker, financial commentator and radio personality. He is the CEO and chief global strategist of Euro Pacific Capital Inc. This is a conversation that I was originally a part of this year’s Expat Money Summit, and I wanted to share it with you today to give you a taste of the sort of exclusive content I bring to the Summit every year.
Listen to Peter’s take on the most recent trends in the price of gold and how it’s affected by inflation and government deficit spending.
Hear Peter’s early 2024 election predictions and what it will mean for the U.S. and global economy.
Find out why Peter fears what I have been saying all along – that when the crisis hits, the government will make it very difficult for Americans to escape. This is why I always emphasize acting now!
Listen to Peter detail why failing prices, aka deflation, can lead to companies making more money, contrary to the popular opinion of many ‘mainstream’ economists.
If you think the headlines showing 20% inflation looks bad, wait until you hear Peter’s breakdown of what sort of inflation we’ve really experienced in the last few years.
Find out why Peter believes the banks are currently in worse shape than they were during the 2008 crisis.
Will the Federal Reserve continue to attempt to fight inflation or just let the banks fail?
Hear Peter break down this no-win situation.
Hear Peter’s thoughts on why he didn’t get any mention in the film The Big Short for predicting the 2008 crisis.
I had never heard him talk about this before!
Find out Peter’s thoughts on some important topics like CBDCs, and a potential gold-backed BRICS currency.
Lastly, you won’t want to miss Peter’s predictions on what’s to come in 2024 – and how you can best prepare.