Liberty and Finance, Released on 5/11/23
Former Wall Street analyst John Rubino says credit is going to be tight even if the Fed stops rate hikes. "We're still going to pay the price for higher interest rates for at least another year, and that's going to break a lot of things." In the financial world and in other areas, official voices have failed us. The "experts" have been wrong, especially in the last few years. "We want to be self-sufficient in as many ways as possible," he says.
Watch our interview on homesteading: https://youtu.be/6-MZzz2dQTE
0:00 Intro1:46 Trust the experts?7:31 CPI and rates17:43 Regional banks23:00 Gold market26:42 Trust the Fed?32:05 Rubino's sub stack
John Rubino is the founder of the popular financial website DollarCollapse.com which he sold in 2022. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It
. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications. His latest work can be found at https://rubino.substack.com.
gold, inflation, regional banks
John Rubino: Trust the experts? added by Herman James on 05/10/2023View all posts by Herman James ?+'