Bob Moriarty: This Is How REVOLUTIONS Start
Liberty and Finance, Released on 10/31/22
Inflation is going to run out of control. "All revolutions start when people can't afford food." Social disorder is increasing around the world as prices of everything is skyrocketing. At the same time, banks are facing solvency issues amid a collapse in bond values. "The banking system is teetering on the head of a pin." Bail-ins are a strong possibility, he says. Even though the FDIC technically insures up to $250,000 in bank accounts, the value of the Dollar may be in question at that point. "They can pay you back, but they're going to pay you back in Monopoly money."
0:00 Intro1:15 Social disorder3:35 Fed meeting6:09 Banking system11:52 Multi-polar world14:42 Inflation & deflation16:42 NATO22:39 Cracks in system26:38 FDIC Insurance
Bob brought 321gold.com to the Internet almost 14 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 820 missions in Vietnam. He holds 14 international aviation records. He is the author of Nobody Knows Anything and Basic Investing in Resource Stocks.
Bob Moriarty: This Is How REVOLUTIONS Start added by Herman James on 10/30/2022View all posts by Herman James ?+'