Paul, of Reinvent Money based in Holland interviewed after the Fed’s decision to raise its funds rate but before the Bank of England decided not to raise its base rate..
Another way to point out the complete incompetence of the monetary authorities is to ask if there is any reason to expect that the dollar and all other G7 fiat currencies will NOT collapse. I can't see any hope that anyone in government would suggest cutting spending in order to produce surpluses that would give holders of fiat currencies reasons to continue to do so.
They've all got to fail - just a question as to which one bites the dust first . Personally , I rather think that Sterling / Gilts will turn out to be the ugliest horse in the Glue Factory followed by the Yen / JGB's and a few others - with ' King Dollar ' and their multi faceted indebtedness being the last to fall - simply by dint of it still being the World Reserve Currency . Don't expect any wise words from any of your incumbent politicians - treasury officials or central bank governor's as they're all completely indoctrinated Keynesian know nothing's who are happy to continue paddling the canoe toward the fall's as fast as their little arms will propel them .......Just listen out for the screams and the horrible sounds as they finally hit the rocks at the bottom .
How have you got on with watching all of the Videos that Alasdair has posted of all of his interviews previously - as most have their main hub as being ' You Tube ' ....??
"I think we've done enough damage for now" Brilliantly put👏👏
Another way to point out the complete incompetence of the monetary authorities is to ask if there is any reason to expect that the dollar and all other G7 fiat currencies will NOT collapse. I can't see any hope that anyone in government would suggest cutting spending in order to produce surpluses that would give holders of fiat currencies reasons to continue to do so.
They've all got to fail - just a question as to which one bites the dust first . Personally , I rather think that Sterling / Gilts will turn out to be the ugliest horse in the Glue Factory followed by the Yen / JGB's and a few others - with ' King Dollar ' and their multi faceted indebtedness being the last to fall - simply by dint of it still being the World Reserve Currency . Don't expect any wise words from any of your incumbent politicians - treasury officials or central bank governor's as they're all completely indoctrinated Keynesian know nothing's who are happy to continue paddling the canoe toward the fall's as fast as their little arms will propel them .......Just listen out for the screams and the horrible sounds as they finally hit the rocks at the bottom .
Excellent as usual - Many thanks .
Any place this video can be watched other than youtube? I can't watch youtube..
How have you got on with watching all of the Videos that Alasdair has posted of all of his interviews previously - as most have their main hub as being ' You Tube ' ....??