Paul Craig Roberts, Bix Weir and Mike Maloney Tuesday 6-23-2020
From Recaps Archives
PAUL CRAIG ROBERTS We Need Debt Jubilee or System Collapses
Greg Hunter: Apr 14, 2020
Former Assistant Treasury Secretary in the Reagan Administration Dr. Paul Craig Roberts says, “We need a debt jubilee. Debt jubilees were widely used in the ancient world. . . . . Either the system goes into collapse or you write the debts down and you start over. . . .
Again, either you paper it over again or you don’t succeed and everything blows up.” What about the rising gold price during this new round of bailouts?
Roberts says, “In the previous bailout, it did not affect the dollar. The question is this bailout, on top of the previous bailout, is it going to affect the dollar?
Are people going to say, good heavens, do we really want to hold dollars when they are creating so many? People are saying we don’t know how this is going to play out, but they can’t print gold, so let’s get into gold. . . .
I don’t know how people are going to see this, but the enormous money creation, no doubt, worries some . . . . If they are successful in reflating the stock prices, then the problems with the dollar is over--for now. . .
Again, bailing out debt with more debt is kicking the can down the road.
How long can you kick it? We don’t know until we will find out you can’t kick it any further.
” Join Greg Hunter as he goes One-on-One with former Assistant Treasury Secretary and award winning journalist Dr. Paul Craig Roberts.
https://www.youtube.com/watch?v=cpi04VA1XQg&feature=youtu.be
Bix Weir
ALERT! Silver's D-Day (Decision Day!) Approaches!
RoadToRoota: Jun 22, 2020
We are approaching the silver delivery notification for the month of July and I expect MASSIVE volatility between now and the end of the month (Tuesday!).
Hang on tight as Silver could "BREAK" away from reality (up or down!) in the next few days!
Mike Maloney
Can Gold & Silver Save Us From The Twilight Zone Economy?
Premieres Jun 23, 2020
Join Mike Maloney in today's video to get his latest take on where we are heading.