Alasdair Macleod, Endgame of fiat monetary system

[@DarrenSmith-tq2xz]

Thanks Alistair for the great contribution once again God bless you stay safe and well have a great weekend ahead your a Legend

[@jbl6338]

Alasdair is the smartest guy there on bonds, credit and gold and does not get appreciated. Pls have him on again!

[@wolfhard2420]

Definitely

[@BenSamuel-d6l]

no.....he is a broken record

[@glenjones182]

A broken record for those that know. For the 99% that dont know he is a voice of reason with a clear presentation. ​@BenSamuel-d6l

[@MM-tt3np]

Alasdair is.... a paid spokesperson for the mining industry ;)

[@TheRobynbrown]

Excellent talk by Alasdair - he's definitely on the money!!!

[@lnewton3677]

Monetary policy is secondary to politics and general innovation. Actually if the FIAT fails it will renew the system

[@sirusvirus9650]

The Truth is on the Fringes and the Lies are on the Mainstream. Thank you Alasdair Macleod 😊

[@GETJUSTICE4U]

Agreed. Very well said and those who don't understand how and why "market fundamentalism" is failing so catastrophically should check out Professor Oreskes's work e.g."The Big Myth" and professor Hudson's "Killing the Host"

[@sirusvirus9650]

@GETJUSTICE4U Thank you for sharing those sources

[@TheTeaserking]

inflation is simply the over printing of the money causing it to go to 0

[@DBEdwards]

Inflation is too much money chasing too few goods rather.

[@urimtefiki226]

I wanted to write something about inflation but I am not, becuase of the bullshiter.

[@c.k.2]

It is almost 0 compared to gold.

[@Gregory-kv8vj]

@@c.k.2 Yes, the USD is less than one hundredth of its price against gold up to 1934 when FDR issued his executive order. $USD20.67 per ounce one hundred years ago, over $USD2600 per ounce now.

[@c.k.2]

@@Gregory-kv8vj so what did we learn from that? Trust in the FED? 😆

[@damianmousley2098]

Straight talking . Always interesting listening to Alisdair. Real gentleman.

[@racker9999]

The sordid state of the world is directly related to active suppression of the following moral principle: “Seek always to tell the truth and balance your checkbook.” Mr. Macleod’s outreach embodies this principle.

[@danielhutchinson6604]

When we recognize the failure of Capital in any form to serve the needs of Humanity, then we seem to just laugh at Capitalism? Humans can exist without Capital.

[@jerrylong7445]

Thank you

[@kurtweber7361]

As long as the music is playing and the champagne is flowing in the dance halls of the Titanic, the course will not be changed. The only question is where and when the ship of the financial system will crash into the iceberg. Then it gets uncomfortable!

[@SamWilkinsonn]

I agree the financial system will crash soon, the true monster’s following right after though which is the collapse of the whole global ecosystem.

[@JIMuser-vh3Zxx]

Beautifully expressed

[@DontuseGoogleorWiki]

Another parallel: the Titanic was scuppered intentionally. It's not easy to find the truth in these times of AI sanitizing the 'net - but it's out there if you dig. All to do with the creation of the FED.

[@adrianosverko6601]

Things will change when UK falls 10 years behind Singapore, Salvador and Dubai in Blockchain. And maybe 15 years behind the USA. So sad that all your youngest and brightest are leaving to more innovative and tech-friendly fiscal regimes.

[@geomacaulay]

Grab your golden liferaft while you can.

[@RandalSpady]

Excellent information best I have heard this year. 👍

[@quadq6598]

I wanted for many years to see record high Gold prices for Mike Maloney to be vindicated in his lifetime in what he had been harping on about for decades about gold prices = done. With the venerable Mr Macleod & his dying fiat narrative, we need to see the end of fiat soon.

[@Buf-g6m]

Gold would only be useful for settling international trade balances, it wouldn't make much sense for countries to have their own national currency tied to gold, it was ditched in the 70's for a reason.

[@Gregory-kv8vj]

@@Buf-g6m And the reason was that trading partners, especially France, were demanding gold in return for the US dollars they were accumulating due to their trade surpluses with the US. The 32,000 Tonnes of gold that the US had after WW2 had been drawn down by two thirds and the paper dollars held outside the US were more than the remaining US gold (at the pegged price of the day), Nixon had to 'close the gold window' or see the total loss of US reserves, or massively devalue the USD which would have been a huge embarrassment. In any case, the exchange rate for the USD vs other currencies did drop then for a period of time. In the long run we would have all been better off if the peg had been removed and gold was retained to settle trade imbalances, which would necessarily have imposed some market discipline on the trading partners as well as on borrowing and inflation in general.

[@Buf-g6m]

@@Gregory-kv8vj absolutely, that necessity might be imposing itself on the global economy pretty soon here, we would've been better off without the vietnam fiasco too, needless to say.

[@LeeuwAdelaar-xe7hh]

Alasdair 👍👏

[@dillonsawyer9377]

Alistair you stated it very clearly

[@besovereign2032]

Alasdair is a legend.

[@JamesH-j9d]

Great interview Peter! 👍🏾

[@nottenvironmental6208]

Really interesting. Thanks for putting this together and years of experience for me.

[@AR-pr6mt]

Thank you Alasdair!

[@maxlorenz24]

I absorb everything that Alasdair teaches; now I want to learn his accent.....

[@jimmillward3505]

I wouldnt be so quick to assume that credit is going to dry up. They have been keeping this going for decades and now they are talking about Bitcoin reserves, i imagine they are going to try to hide their financial profligacy behind blockchain

[@aaronmorgan8819]

can't hide anything on a blockchain...

[@jamesmorton7881]

You pay check will not be cashed. At some point the bank will not loan more to your employer. You know the federal government, NO ONE will loan them more money.❤❤

[@ScottRuark-q8x]

Are you kidding? The federal government of the USA is AAA rated because they have a printing press not because they have a good balance sheet. They also have ways to force banks, pension funds, and insurance companies to put most of their assets in treasuries, so they are not worried a bit about their paper being credit worthy

[@mmw3245__sdf]

the pay cheque will cache. but the money, every month, will buy less and less.

[@GreenTurtle181]

Wonderful analysis. Very interesting.

[@philiphannuksela6569]

What if credit derivatives and other derivatives were not legal? Short-term loans along with rehypothecation and repos encourage very risky investing. What gets into needed funding of longterm growth comparable to what sovereign money did under Lincoln and under the RFC in 30's and Adding safe harbor, and we have the coming massive transfer of wealth. CBDC, elimination of cash, the last vestige of autonomy, and we have the whole WEF regime. The Solari Report and David Rogers Webb's efforts state- by- state deserves prime and detailed attention.

[@jonaslim8594]

I don’t think politicians don’t understand, but act not in favour as not popular move, can cause their’s job insecure.

[@charlesewillmore5252]

It seems to me that they do perfectly understand rather syphoning the wealth to friendly hands is too much of a tentation All rights reserved In good faith Without prejudice Charles E Willmore

[@charlesewillmore5252]

14:53 i agree but politics prevail economic Slavery pays off.. I also been made slave here in USA.Iwonder if there isa connection of my slavery from CIA to Zionism ?! Because murders of relatives etc follow incredible similar pattern to Zionism terrorism ?! I posted my saga about 45 years of slavery and murders of relatives and attempted murders on me on "you tube judging freedom by judge Napolitano Oct 9 2024" I have been èxtrajudicially suffered executions of relatives robbery at gunpoint of almost all my assets , survived 48 armed attempted hits 11x run over by cars ignored by authorities Government agencies and courts ignore and fiduciary of creditors of US GOVERNMENT= ( fiduciaries WBO and IMF ) of USA INC.. A SOCIALIST COMMUNIST CORPORATION CREATED BY Act Of CONGRESS HJR 192 June 5 1933 IGNORE THEIR FIDUCIARY LEGAL OBLIGATION TO A CREDITOR OF THE USA ...I watch all these podcasts praying and hoping to be able to get legal redress and due process after 45 years of murders of relatives and armed robbery of all my assets After more than half my life I pray and never never ever give up I pray again in painful faith that we get a Constitutional system restored after 79 years living as property of a corporation USA INC created by Congress .That corporation in turn owns every person naturally born free under God and upon being registered becomes in turn a corporation owned by another corporation both corporations owned by congress Created by Congress under Act of congress HJR 192 June 5 1933 we the people made property to guarantee with their lives and property as chatel ( cattle??) the US Dollar printed by an offshore banking trust the " US Dollar. Look up this Act of Congress in the Congressional Record or Federal Register! So that explained.I was a Wall Street broker back in 1978 and person sitting next to me doing false flag bombingsvon US bases , US Court houses and Post ofgices?was?arrested and released by FBI wvno chsrges I instead was ingerrogated several hours and released.Apparent reason for requesting that i met w FBI was to find out how much had i hesrd about conversations of my coworker .I heard nothing found out of his?arrest and terrorist activities from office chatter Yet soon after started experiencing attempted hits on me , family members messed up or murdered Commissions blocked or robbed attempted hits etc ..Following is more details from copied piece posted in a comment to Author Whitney Webb a world known investigative Reporter...: stealing murdering small inventors and passing stolen good like US PAT 6680714 my property covers iphone, ipad, ipod, skype, youtube, ebay, paypal, fb, amazon, android, Plus 27 million oz of 25 million oz silver (plus mining properties not under contract between additional 40 to 150 billion robbed).CIA contracted restitution of my assets on March 15 2015 instead my brother dropped dead poisoned in Texas Mall so far total of relatives murdered in this 45 yr saga 5 dad poisoned when he tried help me with $$ dead 3 hrs. after phone call I was going to travel to meet with him. My cousin machine gunned after my uncle a State AG tried talk w cia politician to stop robbing and sending shooters to eliminate me Nephews 11 and 14 possibly destroyed possible witness machine gunned 8 hours after I tried to call him from a phone of person ( my addition..to original post ..:my phones battery had died) I thought he was my friend and later discovered was possibly filtering/ conveying my activities to the matrix .He allowed me to call the witness using his phone. He im almost sure connected to (deep state) cia mob congress member after that possible witness was machine gunned. CIA owes me { my comment interjected here: over a trillion! I am offering a reward- it seems from deep state people swimming around like predators I will get paid -but it is top predator not given greenlight or not met appropiate person in totem pole ..so} unable to get paid. I tried to present the contract ( which was examined by Wealth management group of one of top 5 Wall Street bank firms they declared the contract a US Treasury Obligation) to US Treasury I was dumped on, I also presented to IMF ( my explanation..who violated its fiduciary duty to creditors of USA INC ( I)under an Act of Congress and International rules of Geneva Conventions on international BILL of Exchange regs IRC 322 IRC 522 URC 322 URC 522 administered under International Chamber Of Commerce Regs (Any bank presented a Bill of Exchange ( a procedure where i tender the contract which CIA ratified tacitly : legally a US Treasury non public/ private limited marketable security) tendered for exchange for currency IMF WBO and US treasury cant refuse cant D/K the presentment because they were designated legal fiduciaries to creditors of debt of the USA INC its legal fiduciary designated by Act of Congress to protect the creditors of USA INC as I am)( ..Violated by..) destroyed or hid the Obligation even though their fiduciary legal duty is to fulfill the collection All along this saga instead get paid i have survived 48 attempted ( my expanded comment in armed attempts on my life and of relatives. brother nephews 11 and 14 cousin 19 ambushed and machine gunned murdered mostly shot gun or machine gun attempts )or shot at )+11 times run over by cars mostly around time of my effort to collect via IMF I can use help Offer reward a viewer of you tube possibly can help} According to one of top 5 Wall Street wealth management groups the contract is a NON CUSIP Numbered private non e- registered US Treasury obligation by THANKS. anyone in public can help All rights reserved In good faith Without prejudice Charles E Willmore docs.google.com/document/d/1eM8LGJCHzpFEyLa0HbyVYu6JZ1KLDYiuSTa7fTB-Qt0/edit?usp=drivesd k

[@charlesewillmore5252]

19:50 so true.😢😂

[@charlesewillmore5252]

20:43 😂 rescue with what everyone dipping in cookie jar and legal remedies don't exist

[@susannelles5033]

Alasdair is truly One to take his wisdom from ! Merry Christmas and have a Serene 2025!, If only globalists and the crooks went in charge!

[@MarcoMasseria]

It will be anything but serene. 2025 is the year that normal folks begin to realize "the game is up" It's math. It's interest rates, the amount to be refinanced, the manufacturing realities, commodity markets, OH! It will be big. I'm confident the population of Britain will pull together, "stiff upper lip" and all that ... But someone better translate that into Pashtun, Arabic, and all the other languages for those kind and law-abiding new arrivals. Buckle up, Susan. Wishing you the best.

[@rodpetrie1088]

I've listened to so many of Alistair Macleod's videos I think I could write the script for his next one in my sleep. Eventually his warnings will ultimately unfold of that I have no doubt, I'm just not sure I will be alive when it happens which is probably a blessing.

[@ilanyounanian4278]

Long and happy life!🎉

[@DBEdwards]

Splendid show. Capital!!! Alasdair is brilliant. He makes complete sense. He is entertaining and clever. The most perfect guest. Bring him on after Trump assumes his dictatorship please. I await Trump's 1000 year empire.

[@dillonsawyer9377]

Alistair HAPPY NEW YEAR🎉. Your a knockout on insight.

[@benconover72]

Brilliant guy with the red tie.

[@201beatrice]

A wonderful lecture.

[@krcalder]

The economics of globalisation has always had an Achilles’ heel. The 1920s roared with debt based consumption and speculation until it all tipped over into the debt deflation of the Great Depression. No one realised the problems that were building up in the economy as they used an economics that doesn’t look at debt, neoclassical economics. Not considering private debt is the Achilles' heel of neoclassical economics. Black swans take the private debt flight path to come in undetected. kzbin.info/www/bejne/rHK2pY2AeLCgmLc At 18 mins. 1929 and 2008 stick out like sore thumbs. In 2008, the Queen visited the revered economists of the LSE and said "If these things were so large, how come everyone missed it?" It’s that neoclassical economics they use Ma’am, it doesn’t consider private debt. Not considering private debt is the Achilles' heel of neoclassical economics. 1) We didn’t see the problems developing in private debt 2) We didn’t know the problem was caused by private debt 3) We used monetary policy to cure a private debt problem with more private debt There is no way out this way. We didn’t fix anything after 2008, and dropped interest rates to the floor so we could carry on as before. We carried on making the same mistakes, borrowing money from banks and using it to purchase assets and push up asset prices. The markets are going up everything must be fine. Wait a minute ...... We’ve blown up an everything bubble. “We cannot solve our problems with the same thinking we used when we created them.” Albert Einstein. Solving a private debt problem with an economics that doesn’t consider private debt was never going to be easy.

[@DavidLockett-x4b]

Back onto the gold standard then. Thank God we are in Australia, dig baby dig. One thing that most Australians do understand is real estate.

[@Sam-lp1qs]

Confused on how he differentiates legal money vs non-legal money. The Greek word for money itself “Nomisma” means established by law. The gold, silver, or( in Spartas case iron) didn’t become “money” until the state minted the rulers emblem on it.

[@elainemagson213]

Interesting as always. It's refreshing that Alasdair, whose economic wisdom is so good, also knows his geopolitics and is so humanely concerned to help us to understand too. A nice young interviewer - but I'm always a little irritated when Englishmen can't seem to pronounce "th". Using "v" instead sounds childish.

[@oldwolf3218]

Thank you🇨🇦

[@beaversstumpgrinding3352]

They'll kick the can down the road, till it's so heavy that it breaks their foot.

[@orsoncart802]

Excellent! Thank you. 👍👍👍

[@COURRUPTIONCOIN]

" For the last 13 years....'' Lands us just when 2008 Bail Out were secure....and Hedge Funds ......were gettng back to 0 , instead of " Negative "

[@artmaisoncom]

I really enjoyed this talk. It is certainly pity that it was one-sided interview. I think that people would be very interested to learn his stance on Bitcoin and the blockchain revolution it is happening in front of our eyes. Really pity!.

[@nitinsaklecha3262]

East is doing dedollarization using gold....but west is doing dedollarization using crypto....😂😂

[@JohnBurman-l2l]

When a person gets into debt beyond the point that they can ever pay it back....they ignore it and hussle to survive. Only responsible people control debt accumulation. This is collapse of society.

[@longgowhereto]

yes, western woky, infantil, tic toc handy zombie society, where men have lost their ability to be just normal men.

[@duboisdvoleur]

There is currently a multitude of converging crises. The automobile industry being an obvious example but colossal accumulated bad loans are threatening the banking system and various disastrous real estate investments (as in those in Ukraine) are yet to be written off. A colossal correction is overdue. One of the unintended consequences of the "Sanctions" is to trigger an agricultural crisis in North America. The ramifications of that are yet to be revealed but the average age of US farmers is a complicating factor. We can not see at this point which particular crisis will trigger a general crisis affecting every nation on the planet but at this point it seems inevitable. Steinbeck should become required reading in every US school

[@RandalSpady]

This guy is right on about the debt and world is on steroids and will end badly.

[@ItsAmill]

More money more spending plus they just going to have interest on interest 😂

[@nickupton2123]

How does Turkey keep going with constant devaluations? Other countries similarly. It would be interesting to know how the government pulls it off and how the locals deal with the situation.

[@seeker2118]

The Turkish lira is only 34.94 to one US dollar, the japanese yen is 152 to one US dollar. The issue with devaluing currency is how to save to protect value. On the other side a devalued currency makes exports more competitive in the international market.

[@COURRUPTIONCOIN]

​@@seeker2118 But how much is 1 lb of Chicken , Hamburger....(?)

[@c.k.2]

They come to Germany.

[@seeker2118]

@@c.k.2 Considering deindustrialization and the rapid decline of German economic outlook, you should probably consider being nice to Turks.

[@Michealvt-o5o]

These turks go to Europe to work for Euro's then go back with their money and live like kings in Turkey. Same with Poles.

[@petehoney1]

making a war could be a way out of debt repayment

[@pwrighter]

The polite frustration in MacLeod’s answers show just how clueless the interviewer is.

[@pdel303]

Doesn't Elon Musk get subsidies from the govt for SpaceX and Tesla? Maybe he could show an example by cutting that off? I think it's a great idea.

[@COURRUPTIONCOIN]

Subsidies bears translation

[@Michealvt-o5o]

Elon is funded by the US government, thats why he was succesfull and still is.

[@echoecho5244]

24:57 no. It will cost more dollars, pounds, euros or whatever to buy a car. The fact that the dollar may be stronger relative to the pound is neither here or there if they have both lost purchasing power

[@rolandbraun1197]

The Keynesian theoretical model was not based on an abnormal economy with 3 to 7% budget deficit and a 130% national debt to GDP level !! REMEMBER THAT FACT!!! 😊

[@paulibram3615]

Great to see an intelligent interview on this subject. Good analysis but with a few wobby areas. Gold itself is part of the credit system, trading is electronic just like currency. No one is going to go back to using gold for day to day purchases. I would like to read more of Alistair opinions as its possible I have not understood fully. A solution would be welcome.

[@JohnOelrichs]

Physical Gold is a store of value with no counter party risk. It's not necessarily used as currency. Only paper gold is part of credit system.

[@gregorysagegreene]

Major league depressing. Yet I can't believe a little thing like 'money' is gonna' frustrate Trump's reforms, particularly given his experience with bankers. Their problem.

[@mikehardwicke23]

Yields on USTs and UK Gilts have risen across the duration by 300 BPS this week despite CB cuts; and similarly the Yield Curves have been un-inverted these past 2 months. The end game is near? (Poor stupid Keynesians!).

[@leos3003]

Hey Sherlock, you think you're the only 1 who knows that none of the debt will ever be paid back. Everyone knows it, but is willing to play while the Champaign keeps flowing. How many jumped ship before it hit the ICEBERG???

[@david-fletcher]

Very close to the end could mean another decade or three !

[@elizabethmurray5718]

I was surprised bullion banks were declined.

[@reggiebishop5398]

Actually gold stop becoming money since. 1933 not 71

[@happyuk06]

"The money system will change. I tell you this." Paramahansa Yogananda

[@AR-pr6mt]

YUP..."give it up as a hopeless job" Alasdair knows the pain of the gov't sector!!

[@winnerwinnerchickendinner8809]

Couldn't wait for commercial real estate market tank and big banks get on the hook.

[@quintaviusbonaducci6606]

Well. It's going out with a bang. Silver getting tuned BIT TIME this week.

[@Xez1919]

So he has refrained from laying out the argument why QE cannot be done for a very long time?

[@ActiveAtom]

Have a Happy New Year 2025 since this is your last video for the year 2024. I have a thought for the new year, why do people, businesses, cities counties, states, countries barrow money? Why not just buy what you can save for? I sincerely am asking the what if question here. We love the shiny metals since 1984. Lance.

[@DontuseGoogleorWiki]

Borrow. They borrow for expansion. You have a small business that's growing. Your current premises don't allow more production to meet demand. What are you going to do? Turn around and tell the market place - sorry no goods, or are you going to go to the banksters and borrow funds for a bigger premises? It's not rocket science.

[@AeEa13_31]

POEPLE ARE GETTING POORER BECAUSE OF THE DAMN TAXES!

[@Gregory-kv8vj]

And inflation is the 'secret tax'. Inflation is the same thing as loss of purchasing power. You cannot buy as much with your money because it is devalued by inflation and can't keep up with the price rises.

[@antoniohuerta9144]

Alistair says that Russia will protect itself from collapsing fiat currencies by going to the gold standard. The young interviewer comments that he does not believe that Russia would ever go to the gold standard, as this would be a "nuclear option", and Russia does not "want to poke Trump". I think this demonstrates the naivety and lack of depth of the modern young generation: he could not imagine or think that dollar could collapse. Yet Alistair says that there could be a slow (or not so slow) deterioration of the western currencies, and this is what will motivate Russians to move on to gold standard. And this is about the time when the world of the young people as they know it will collapse.

[@andrewwalsh3744]

I assume the trade payment system will be via xrp but backed by gold, as the trust has gone.

[@sharonfarrelly7146]

Saying Russia is better off than The West ..tells you everything you need to know about the political Oligarchy of The West…we need new ideas and new leadership everywhere….the corruption and lies told to Western people is really disgusting..great conversation…

[@Mike-ys4sr2023]

Buying gold at higher prices means using more US dollars which is great for the US economy .

[@peterwait641]

Currency down as copper coins are now plated steel .

[@sudo2998]

If they don't get rid of Powell, the Repubs can blame it all on him.

[@bellakrinkle9381]

I read that Trump will keep Powell. Maybe to save his reputation?

[@MyKharli]

If the environment was an economy then were well over the cliff .

[@robertwilson214]

These are libertarians, they don't believe in pollution 😂

[@jgalt308]

Welcome to Barter World.

[@druidepronostix9162]

Pretty clear and undisputable big picture. Then there is the infighting between the sinking powers, I assume all about the next power structure. Let's not waste too much time about that.

[@Digibeatle09]

What if the predictions (of more than a few) come about regarding a “Digital Currency” - it seems to me that the only way such a currency would “escape the flaws” of a fiat currency is if it transformed the idea of a currency, namely, it becomes a Government sanctioned means of payment “with strings attached” - the users have to fulfil certain conditions - eg. only X mount allowed to be used to buy energy generated from fossil fuels in a given period - the perfect state of affairs for an extremely authoritarian regime to thrive - and - God forbid - another example (of a condition in order to use the “Digital currency”) - one has to be up-to-date with one’s Covid vaccinations/boosters !!!!!

[@mikehardwicke23]

Poor Essex-boy just don't get it🤣🤣

[@Adrian-qj8de]

I don’t understand.in all other podcasts Mister Mc Cloud is very positive about silver and suddenly silver is not money but only gold? These kind of experts constantly change their story.

[@robbybroon4904]

Silver is for small exchanges where the gold chunk would get too small. It’s a support to gold for lower-value transactions. Not really that important in the grand scheme.

[@Adrian-qj8de]

@ according to severely sources there is more gold then silver above ground, as Silver is used up and gold only stored away in vaults…see the paper to silver ratio its now 413.15:1 That is tripple to gold. Silver is thé most supressed asset on this planet according to Gregory Manarino and Jim Rogers.

[@thelifeofjools8384]

Put Alasdair on the back foot for a minute there....well done ! Yes... your question regarding "can we extend and pretend indefinitely" wasnt really answered adequately. In theory we we could be decades away from a currency collapse.

[@JM-gu3tx]

"wohwd"? "World." "goad" and "gold" are two different words.

[@msdm83]

No country will go away from fiat. there's not enough gold commercially viable gold deposits, and a gold standards is really unstable.

[@peterwait641]

Gold would just be revalued to suitable price.

[@msdm83]

@peterwait641 the money supply needs to expand roughly with the growth of the economy. There's a finite amount of gold and the easily accessable commercially viable reserves are gone.

[@Gunni1972]

All currencies were doomed from the start of "competetive trade". That goes back thousands of years, and has led most workers into poverty. While at the same time, every "surviving" trader got richer.

[@chriseustace9734]

Fist currencies And Crypto currencies are Both Highly dependent upon Faith as with Religions, promising a better future which as yet has not come about 😥

[@artmaisoncom]

Correct!. Crypto, Gold, Fiat everything depends on Faith!. We just select the one which needs less faith and more future-realism.

[@danielhutchinson6604]

Mining for shares of Mineral seeking adventures are what propels the Economy. The purchase of Treasury Notes that assure some value to the Fiat Currency of the USA, has been gone for over 20 years. Who is buying new issue T-Notes now? China and Japan the largest owners of US Long term trasury securities, seem to be unloading. Why buy new issue T-Notes when some items are about to mature and are currently for sale? How is the US Treasury ever going to catch up? The new Administration along with the GOP Congressional Majority have proven their lack of financial skills.

[@johnvandegraf2000]

again? like 2022 ,2020 ,2018 2016 .......?

[@wimvanaerde6249]

Hahaha 🤣🤣🤣🤣 exactly

[@555frontier]

Indeed

[@JohnWayne-xy1gs]

tariffs bring jobs to the country who uses them by allowing companies to compete on an equal footing. if you care about the wellbeing of your citizens they need to have good jobs. if you care about cheap labor you hate tariffs because they make you pay a fair wage to your employees.

[@johnomeara1316]

Anyone buying Platinum ,took a loan from my pension and bought some just looking at charts and I thought it was cheap,I pay my fund from work at least 6% a year and it’s going nowhere

[@carlywright5127]

If you want an idea I find the man who knows the markets, as well as reality. The Robin Hood of Wall Street. You either take in what he says or not. I do.

[@willdavis2018]

🎤💯🔥🔥🔥🔥🔥🔥🎯

[@martinjdesmond]

If the Russian economy is doing so well, why is the Russian ruble now below one US penny?

[@markferguson7563]

About 8 years ago I made up a word to depict what QE/MMT happens to be and the word is: DANADIC. I sourced it from a painting (there are two renditions of it) by John Waterhouse called: 'Daughters of Danaus' When you look at Waterhouse's painting it will hit you straight away as to what DANADIC implys.

[@luciusdole3029]

It may all be right, but hardly independent speaker perspective!

[@PB-xr3jl]

You contradict yourself. On one side you say Trump will wreck the economy and on the other hand you say the establishment will not allow him.

[@616690]

no interest in mining stocks...OR..are they being..naked shorted....I tried to lend my mining shares, but not 1 in 50 + ..got " borrowed

[@davidfarmer9118]

Ruski is dropping basic rate to 6% for young married couples.

[@phildurling7185]

The money supply needs to be returned to democratic control.

[@happychappy7115]

Alasdair. I'm thinking 2026 will be ugly with some turbulence in 2025 as a warning ⚠️ 😮

[@cjoe1950]

YAWWWNNNNNNN....

[@salann1424]

Crypto is where we are headed ...

[@BASILECrb]

Gold on earth is limited hard and costly to exract Currency is unlimited you only need paper and printing machine

[@NineInchTyrone]

Govt can b@n use of gold bitcoin etc

[@iangaskin5469]

Nationalise the financial services industry,and insurance industry balance the budget. If Trump asked for the mandated approval to the alternative of a 3 trillion dollars budget over run and we end up with 15% bond cost as in 76. And a slide into the third world.

[@davidgray3321]

Not sure about this, high interest rates would be a gift for people that hold fiat money rather than equities, and we had interest rates in the past that achieved this, do this gentleman really think the nations of the world will go back to the gold standard, he doesn’t say so, so what is he saying will be the medium of exchange? I think it’s true the vast debts are an issue but we are not going back to gold old boy. A bit of economic history study needed here. 4 plus 4 does not equal 9

[@nowbeing1]

Some currencies were based on shells. Then currencies were based on gold. Next currencies will be based on bitcoin. Gold will have the value of shells for jewellery alone.

[@СлаваБубенщиков-д3ц]

Мира добра успехов всех земных благ С наступающим праздником удача Аминь