Greg Mannarion and Clem Chmabers Economic Thoughts 10-4-2022
The Death Of Paper Currencies | Gregory Mannarino
Liberty and Finance: 10-4-2022
The debt bubble is the greatest economic threat currently, says market trader Gregory Mannarino. Inflation continues to run hot as the bond market is experiencing increased volatility.
He says we're seeing the death of currencies.
At the end of the day, inflation is theft, taking purchasing power from the holders of cash. Central bank talk about raising rates is just a distraction, and efforts to cool inflation will not work, he says.
He expects a rush out of currencies and a rush into real assets like precious metals.
It's 'all over' for markets this week as the Fed announces 'pain' says investor in 100% crash
Kitco News: 10-3-2022
Clem Chambers, CEO of Online Blockchain, discusses his outlook on the markets with David Lin, Anchor for Kitco News.
0:00 - Market crash incoming
5:06 - Fed policy
7:00 - Valuations
8:51 - Bank of England
11:22 - Sovereign debt crisis
12:40 - Inflation
17:00 - Investment implications
18:35 - Stock market flat for next years
20:35 - Crypto
25:00 - Central bank confidence
26:54 - 100% crash