Dinar Recaps

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Heresy Financial and Peter Schiff Tuesday 4-11-2023

What Happens to Your Debt when the Dollar Dies

Heresy Financial:  4-11-2023

What will happen to your debt when the dollar finally meets its inevitable end?

 Because debt is a legal contract that is denominated in a very specific number of dollars.

So how is everything handled when those dollars are no longer being used? Once another currency has taken its place?

Timecodes

0:00 Introduction

1:18 Types of Debt

1:43 Credit Card Debt

6:20 Auto Loans

8:11 Increase in Wages

12:20 Fixed Rate Debt

16:52 What Happens if the Currency Fails?

https://www.youtube.com/watch?v=gMprGLMz-1A

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Peter Schiff: Great ‘Depression’ Worse Than 1930s Coming This Year

David Lin:  4-10-2023

It's not a recession we're entering, it's a "depression" says Peter Schiff, Chief Market Strategist of Euro Pacific Asset Management.

0:00 - Intro

1:18 - Real estate crash

3:30 - Financial crisis

7:27 - Job market

11:07 - Hyperinflation

21:00 - Technology and inflation

26:33 - Cost of living

28:00 - Fixed income

31:30 - Zombie companies

33:00 - Non-U.S. stocks

34:00 - CBDC

41:06 - Gold

43:40 - Peter Schiff

https://www.youtube.com/watch?v=MHIjyce8nBA

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