Fall of the Fiat Empire: Why We Can't Escape the Debt Trap
Fall of the Fiat Empire: Why We Can't Escape the Debt Trap
Commodity Culture: 1-11-2024
Alasdair Macleod sheds light on the vulnerabilities of fiat monetary systems and the potential consequences they entail.
In this eye-opening discussion, we explore why central banks around the world are caught in an inescapable debt trap and examine the historic significance and enduring allure of gold as a stable store of value.
With its unrivaled track record, gold has stood the test of time throughout countless monetary fluctuations. Uncover the reasons behind its reemergence as a trusted safeguard against economic volatility and inflation.
00:00 Introduction
01:23 Difference Between Gold and Fiat
06:27 End Result of the Debt Trap
20:22 Gold and the Russian Economy
32:41 Nations Considering a Gold Standard
44:10 How To Execute a Return to Gold