Kinesis Money, Released on 9/27/24
In this week’s episode of Live from the Vault, Andrew Maguire welcomes back Daniel Lacalle, renowned author and professor of economics, for an in-depth discussion on the shifts that have occurred since Daniel last appeared on LFTV. The conversation opens with Daniel’s insight on “monetary destruction” and the possibility of negative interest rates, followed by a deep dive into critical behind-the-scenes topics such as de-dollarization and strategies for safeguarding wealth in uncertain times.
00:00 Start
02:00 Rate cuts
05:20 Monetary destruction
09:00 What happens if bond buyers go on strike
12:30 Could we see negative interest rates?
14:25 Is this how they get us into CBDCs?
17:00 What about a social credit system?
22:00 Banking as a utility that can be taken away
25:00 What are the options for fighting back?
30:00 Freedom of speech
35:00 Dedollarisation
44:30 What should we do with our money in the bank?
49:00 Gold as money
51:00 What about silver?
Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from the Central Bank Trap (2017). He is a professor of global economy at IE Business School in Madrid and Chief Economist at Tressis SV. Ranked as one of the top twenty most influential economists in the world in 2016 and 2017 by Richtopia, he holds the CIIA financial analyst title, with a postgraduate degree in higher business studies and a master’s degree in economic investigation. He is a member of the advisory board of the Rafael del Pino Foundation and Commissioner of the Community of Madrid in London. His work can be found here.
Andrew Maguire is an Independent London Metals Trader and Analyst, internationally renowned for his unique ability to read the precious metals market with the knowledge and experience gained over 35 years trading in financial and commodity markets. Andrew sits on the advisory board of a global physical bullion exchange and is a consultant advisor to many international hedge fund managers, bullion banks, directors and metal traders globally.