Banking Crisis This Month & Fiat Failure This Year: Alasdair Macleod

By Liberty and Finance / August 20, 2007 / marketsanity.com / Article Link

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Worse yet, Alasdair foresees that the most probable official response by central banks to defer the meltdown will only accelerate the demise of the world's major currencies, and thus disempower governments by disintegrating their primary mechanism of control: the currency itself. Alasdair further sees the collateral financial impacts on many ordinary people, families, and small businesses will be a wipeout - unless they prepare immediately.

Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist.

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