Economists "News and Views" Tuesday 11-14-2023
Debt Monetization: The Endgame's Prelude | Rafi Farber
Liberty and Finance: 11-13-2023
The only solution to the U.S. debt crisis is debt monetization, says Rafi Farber of The End Game Investor. Such monetization by the Federal Reserve would signal a currency collapse, he notes.
As soon as people lose faith in the Dollar and rush to gold to get out of Dollars, the “Endgame” will be days away, he says.
Farber believes this Dollar crisis, the “Endgame,” is the only way out of the Middle East conflict, since it would halt U.S. involvement in the war.
INTERVIEW TIMELINE:
0:00 Intro
0:56 US debt crisis
5:00 Metals selloff
9:01 LMBA drain
11:58 Debt monetization
16:36 Banking crisis
19:54 Normalcy bias
21:40 Gold vs. silver
24:49 Rebuilding after collapse
Protect Yourself with Dual Citizenship in BRICS?
Nomad Capitalist: 11-14-2023
Are you considering dual citizenship for added security in today's ever-changing world? Join us as we explore the concept of having multiple passports and why it could be a crucial asset in uncertain times. In this eye-opening discussion, we delve into the BRICS countries and how their role in global affairs is evolving.
Discover why it's essential to think beyond your familiar Western options and explore the opportunities for additional citizenship in the often-overlooked parts of the world.
00:00 Start
00:29 Common Western Perspective
2:11 Opportunities Outside the Western World.
6:05 Different Cultures and Lifestyles
8:29 Citizenship Options within BRICS
9:54 Expanding Beyond BRICS
11:14 The Changing Landscape and Values
14:33 The Need for Diverse Options
China’s gold holdings are 10x more than it admits, why it's secretly hoarding gold – Dominic Frisby
Kitco News: 11-14-2023
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Dominic Frisby, Founder of FlyingFrisby.com, who explains why China is secretly buying gold.
Frisby says China’s actual gold holdings are ten times larger than what is officially being reported. He discusses the weaponization of money and says that if China were to admit its real gold stash, it would equate to a declaration of war on the United States.
Frisby also weighs in on the chances of a gold-backed currency and gives his price forecasts for gold and Bitcoin.