The Death Of Paper Currencies | Gregory Mannarino
Liberty and Finance: 10-4-2022
The debt bubble is the greatest economic threat currently, says market trader Gregory Mannarino. Inflation continues to run hot as the bond market is experiencing increased volatility.
He says we’re seeing the death of currencies.
At the end of the day, inflation is theft, taking purchasing power from the holders of cash. Central bank talk about raising rates is just a distraction, and efforts to cool inflation will not work, he says.
He expects a rush out of currencies and a rush into real assets like precious metals.
Intro
1:15 Current market
7:35 Retirement
12:05 Money Markets
19:38 Inflation is theft
22:46 Dividends
24:43 Real estate
26:44 Silver manipulation
28:40 Mine nationalization
30:37 Holding cash
