The Death Of Paper Currencies | Gregory Mannarino
Liberty and Finance, Released on 10/3/22
The debt bubble is the greatest economic threat currently, says market trader Gregory Mannarino. Inflation continues to run hot as the bond market is experiencing increased volatility. He says we're seeing the death of currencies. At the end of the day, inflation is theft, taking purchasing power from the holders of cash. Central bank talk about raising rates is just a distraction, and efforts to cool inflation will not work, he says. He expects a rush out of currencies and a rush into real assets like precious metals.
0:00 Intro1:15 Current market7:35 Retirement12:05 Money Markets19:38 Inflation is theft22:46 Dividends24:43 Real estate26:44 Silver manipulation28:40 Mine nationalization30:37 Holding cash37:18 Traders Choice
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieutenant. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading. Gregory currently hosts a business day "MarketReport" on YouTube. You can find out more about what he offers at his website Traderschoice.net.
The Death Of Paper Currencies | Gregory Mannarino added by Herman James on 10/02/2022View all posts by Herman James ?+'