Alasdair Macleod and Lynette Zang Thursday 1-19-2023
Huge Systemic Risks: The Bankers Are Terrified | Alasdair Macleod
Liberty and Finance: 1-19-2023
After years of easy money policy, nations have racked up massive amounts of debt. Tightening monetary policy threatens the whole financial system, says Alasdair Macleod, head of research at Gold Money.
In the event of a banking crisis, the Fed could bail the system out, but only with newly created currency; a situation which would simply devalue the Dollar.
He also discusses the growing divide between the East and West especially in the realm of energy. Eastern countries are moving to trade in currencies other than the Dollar which is threatening the Dollar
. TIMELINE:
0:00 Intro
2:50 Bank of Japan
9:20 FDIC
19:00 Dodd-Frank
23:05 East/West split
Bail-ins, LIBOR and the Future of Banking
Lynette Zang: 1-18-2023
Viewer Questions:
Question 1: 0:45 What happens to direct-deposits or automatic payment withdrawals if a bail-in occurs? Do the banks just allow us to get overdrawn?
Question 2: 2:28 During hyperinflation, will gold rise in purchasing power like the Men's suit example, staying consistent, or will golds value go higher and gain more purchasing power?
Question 3: 3:40 What is the force that causes gold to rise when the dollar goes to ZERO? And who buys the gold at its highly inflated price?
Question 4: 8:11 Who decided that the US will stop using LIBOR?
Question 5: 8:53 If gold and silver are true assets that can weather a storm in a fiat tsunami, could you view other assets as having barter ability value, or power to be used for wealth acquisition like copper, wheat, potatoes or even band aids and bullets?
Question 6: 10:16 What do you think about gold backs?
Question 7: 10:56 How can we use precious metals if the shops only accept CBDCs?
Question 8: 11:37 What will happen to car loans and home loans when the us dollar goes to zero? who will own the car or home if you still have a debt on your home or car?
Question 9: 13:27 Where’s the money gun lol