Economic News From Mike Maloney and Mario Innecco 5-9-2023
BANK HOLIDAY COMING? "The Public Is Waking Up" | Mike Maloney
Mike Maloney: 5-9-2023
It seems that the ‘Ponzi-scheme’ nature of the modern banking system is starting to become common knowledge…
Join Mike Maloney in today’s must-watch update as he explains why he thinks we are on a path to something bigger than 2008, and why gold is starting to see the headlines.
Governments To Sacrifice Currency During Economic Collapse With Mario Innecco
WTFinance: 5-9-2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Mario Innecco - a financial markets, macroeconomics and monetary policy analyst.
During our conversation we spoke about how things have changed over the last 7 months, whether we could see other banks under pressure, how a deflationary crash or hyperinflation are likely and what this means for precious metals moving forward.
0:00 - Introduction
0:45 - Changes in markets since our last conversation?
3:40 - Other banks coming under pressure?
5:25 - Breaking the laws to fix the system
7:10 - International reward, country risk
9:25 - A move away from fractional banking?
12:50 - Gold storage the new banks?
15:00 - Hyperinflation or mass deflation?
17:00 - Currency to be sacrificed to save economy?
18:50 - De-dollarisation and a fractured world currency market?
22:40 - What asset could replace the US Dollar?
24:50 - Any other hard assets that could protect wealth during collapse?