Final Killer Of Fiat Currencies & Rush To Gold | Alasdair Macleod
Liberty and Finance: 9-19-2022
Inflation is not going away, says Alasdair Macleod, head of research at GoldMoney. Rates are going to continue to rise, creating a credit contraction and a move away from fiat currencies.
“There is nothing to stop the general public taking the view that they should not hold any form of currency and credit because it’s going to buy less tomorrow than it does today.”
Investors and the general public will rush towards real assets, including precious metals, he says. “We’re now going to go into the final killer of fiat currencies.”
Intro
2:09 Bank credit
6:42 Credit contraction
8:44 Crisis close-up
15:30 East/West split
27:37 Food shortage
37:41 GoldMoney
