Will the Debt Crisis Collapse the Fiat System? with Alasdair Macleod
WTFinance, Released on 11/11/22
On todays episode of the WTFinance Podcast I had the pleasure of speaking with Alasdair Macleod, Head of Research at Goldmoney, Educator for sound money and demystifying finance and economics. During the interview we talked about why bank credit is so important, the risk of a potential fiat currency collapse, Bretton Wood 2.0 and the potential societal shift after the currency collapse. I hope you enjoy!
0:00 - Introduction0:25 - Why is bank credit so important in our system?8:25 - Lagged economic response to current issues16:00 - Near collapse of UK bond market warning of future?21:00 - Gold is money and the rest is credit28:15 - Bretton Wood 2.0?32:20 - Without Bretton Wood 2.0, what other system will come online in the West?37:05 - Where does growth come from if we don't increase bank credit?44:20 - Societal shifts after currency collapses46:20 - Could precious metals be confiscated?50:35 - One message to take away from interview?
Alasdair Macleod is head of research for GoldMoney. Alasdair has been a celebrated stockbroker and Member of the London Stock Exchange for over four decades. His experience encompasses equity and bond markets, fund management, corporate finance and investment strategy.
Will the Debt Crisis Collapse the Fiat System? with Alasdair Macleod added by Herman James on 11/10/2022View all posts by Herman James ?+'