#dollar #rates #QE #taper #inflation #CPI #gold #silver #economy #supplychain #energycrisis #Federalreserve #ECB #money #markets #economics
This is a recent interview I did with Elijah K. Johnson of Liberty and Finance.
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Central Bankers Are Trapped. (Interview with Liberty & Finance)
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Central Bankers Are Trapped. (Interview with Liberty & Finance)
finance and liberty
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34 comments
All planned Agenda 2030 Klaus and Gates.
Bonjour de France. Get all the gold and other rare metals u can. You can't fail…if you don't need the money. Au plaisir.
Central banks are NEVER trapped, we are trapped
Serous question
If 220 million people in USA die and 40 million in UK and similar percentages in Israel, Canada Australia Germany France Spain and Italy
In next 33 months what will happen to economy and prices
See, there is the outlandish extreme that most gold bugs envision – societal collapse. There is how far humanity will have to fall in order for gold to arrive at its utilities again and I can't accept that. I just can't bring myself to be so pessimistic. It is literally a future I can not envision and even if we were to fall, there is no guarantee that we won't fall past that level of sophistication where we will be better off with bullet, water and seeds.
For gold to work again, it would need society to degenerate by just the exact right amount. Not too much, not too little. "Goldilocks Degradation". 😀 It's like saying that a safety harness will only work if you fell off the mountain and land at just the right spot.
And how long will we need for society to fall to that level? 10 years? 20 years? Come on!
The only reason why gold worked previously was because there wasn't the internet that allow for the trading and price discoveries of other assets so people just focused on gold. Now-a-days, everyone just settle into their own niches to preserve wealth, projecting values on things they enjoy to hedge against inflations rather than going for the dogmas.
Pokemon cards, Rolexes, handbags, Crypto, real estate, wine, ICE cars, you name it. And all these things, people actually enjoy and carries more social recognition compare to gold. You wear a piece of gold jewellery and people will think that's tacky as AF. That's how far culture has moved on from PM and when 50% of gold's demand is from jewellery, one should be quite sober in their expectations.
N.E.S.A.R.A G.E.S.A.R.A
Little did I know how far I should have gone if I started trading and investing much earlier, but I 'm grateful for huge progress so far.
As expected, the Bible has the answer for most things:
" Prov 22:7: The rich rules over the poor, and the borrower is slave of the lender.”
The Devil wants you to do the opposite to God (ie get into debt and be a slave). The wants you to be in shackles so you don't whorship God. "Borrowing scheckles makes shackles".
Mario says [14:08] BTC is worth something because it takes "some effort" for people [read: BTC miners]. He finishes the sentence by saying "there is a demand for BTC, so it is worth something". The VALUE BTC has is ALONE in the "full faith and credit" of the hodlers and other assorted buyers-sellers; where, otherwise, it is nothing more than FIAT CURRENCY. Regarding his comment about the miners: what does any one care about the effort it took to create? Such effort, by itself, is of no value to me or any other BTC owner.
"Foreign investors need to bring US dollars into the US to buy real things" . The problem is that the US does not produce anything worth buying
Russia and China are already using gold backed yuan to do gas and oil deals.
USA already has digital currency in the form of stablencoins floating against Bitcoin. I think this is the model the West will use.
Those earings don't suit you, Mario.
Good old boy!
The USA, "the country where people work for IOU's"……
What my mother's mother said- always try to save a bit of money every week. Common sense really, but not how people think these days
My cable company can cut me off cnn , abc ,mslsd , no big deal .I dream that one american online would give you a deal for a spot for one hour 3 times a week.I would be elated !
This is all distraction, be on guard. For the death of one thing usually arises many other things. If one evil is removed and not replaced by good, seven evil things will return in this place. So it is with currencies.
JIT (just In Time) will not work in hyperinflation; we experienced this when we horded the goods as goods get more "expensive" in terms of fiat £/$ tomorrow.
Gold/Silver has until November 22 to make a move else Im selling all of it and buying Crypto
I've followed Mario and his channel for a little while now and over this time he's amassed a great community.
Nearly all the general public have no understanding of gold and will be content to go along with whatever the government tells them that is acceptable currency and what their employer pays them in as long as it it fungible, can be exchanged for food, rent, services etc.
DONT WORRY JOE THE F UP WILL GET OUT OF THE OVERSEA TRUNK IN THE BASEMENT AND BABBLE SOME BULLSHIT
29 trillion in debt, bond market still hasn't fallen, interest rates near record lows for god knows how long. so when is this fall coming? i keep hearing it everywhere but i keep seeing the stock market go through the roof. Where is it? i cant even buy a F#$king home right now. and food, rent and everything else is through the roof. i kind of get mute with all this shit eventually.
By next year we will be hitting near 32 trillion in debt.
Where I think people are getting it wrong regarding the UD Dollar to crash is that it might crash against gold but so will all the other currencies.
What is the alternative to the US Dollar? Maybe the Swiss Franc?
All FIAT should have less value against gold but if they are all printing the currencies will deteriate at the same rate and the US Dollar will therefore remainhigh against the other currencies.
Love listening to Mario.
People, including employers are starting to realise that university degrees in most subjects are a total waste of time.
Mario is what happens when honesty and truth speaks……….. for dishonesty and lies you can turn to Boris, Pelosi, Schumer, Macron, MSM, Merkel, Fauci, Pfizer, J&J, Moderna, Climate scientists, health experts, WHO, UN, Stock Market, Etc, Etc., Etc., basically almost everything else.
Boycott WalMart. We gotta start somewhere. May as well begin with the corporation that is promoting hate.
Mario, that was a great stream last night!!! Thanks for your work.
The Crescendo of crazy is getting louder, we're nearing the end…………I see Nero playing the violin as Rome is burning.
Borrowing to pay dividends is not new. It was one of the factors in the downfall of Kodak years ago.
Team Maneconomics #1 Let's go Billy! Silver Billy! The Silver Dollar 371.25 grains of fine .999
Let no man seek his own, but every man another's wealth. 1 Corinthians 10:24 in the holy scriptures.
I think the 'planners' know the 'baby boomer' generation that was the economic driver is also fast becoming the 'baby bust' generation as they begin to disappear. Like it or not, there is a vast amount of value (and liabilities too) locked up in assets held by this generation and I believe this is not only the catalyst but the endgame. On miners, lets not forget that energy costs factor highly in the mining industry.
Gutter is not going anywhere I meant dollar but I do believe in very very hyper inflation