SDR - New World Money

[gfp927z]

Excellent discussion with Jim Rickards on gold, the state of the economy, CBDC/Central Bank Digital Currencies, and related topics by Jim Rickards -

48:00-52:00 is especially interesting, with charts showing the alarming rise in the M1 money supply, and the Velocity of money (turnover) crashing. Rickards explains why both monetary and fiscal policy are likely to fail to achieve the desired growth and inflation (because debt/GDP is too high, and Velocity of money is too low).

This is followed by the CBDC and digital currency discussion, its key role in surveillance of the population, etc. Rickards then discusses silver, and the general strategy of owning hard assets during times of inflation.