Bob Moriarty, Heresy Financial and The Money GPS Sunday PM 2-5-2023
Nobody Is Expecting What's Coming | Bob Moriarty
Liberty and Finance: 2-5-2023
"It's not a question of if the banks are going to go under, but a question of when," says Bob Moriarty, marine, naval aviator, and financial author.
"It's going to blow the system sky high so rapidly most people are going to be totally shocked."
The banking system is incredibly vulnerable to shocks to the system, he says. He discusses ways to prepare and fortify oneself financial against a crash of the system.
Lebanon 90% Currency Devaluation Overnight
Heresy Fianacial : 2-5-2023
According to the central bank chief, Lebanon is adopting a new official exchange rate of £15,000 per U.S. dollar. This is a 90% devaluation from its current official rate that remained unchanged for 25 years.
Timecodes
0:00 Video Introduction
0:44 Hyperinflation in Lebanon
2:31 Parallel and Black Markets
5:37 Diversifying Your Savings