Interview with Dunagan Keiser
This interview with Liberty & Finance was recorded last Wednesday
“Is China laying the groundwork for a return to sound money while the West doubles down on debt and currency creation? Alasdair Macleod
explains why Beijing's accelerating purchases of gold, silver, and strategic commodities could signal preparation for a gold backed yuan, even as confidence in the U.S. dollar begins to erode. He also warns that rising sovereign debt, Japan's growing bond crisis, and expanding government intervention across the West are creating conditions for a much broader monetary reckoning. Macleod argues that physical precious metals, not paper assets, may offer the best protection as global financial markets undergo a historic transition. Watch the interview to hear why he believes the cracks in the current monetary system are becoming impossible to ignore.”
INTERVIEW TIMELINE:
0:00 Intro
1:00 Yen currency crisis
11:05 China’s movement toward gold and silver
24:37 Socialism as "communism lite"
39:30 Macleod Finance
The debt trap started in the U.S. under FDR’s New Deal, the hallmark of which was Social Security. The welfare state was expanded under LBJ. The big lie was that one was no longer responsible for oneself. Today we all have our hands out for Social Security, Medicare, aid to families with dependent children, etc, etc.. cutting back on any of these handouts is politically impossible.
The squeeze is off.