The Death Of Paper Currencies | Gregory Mannarino

Liberty and Finance, Released on 10/3/22

The debt bubble is the greatest economic threat currently, says market trader Gregory Mannarino. Inflation continues to run hot as the bond market is experiencing increased volatility. He says we’re seeing the death of currencies. At the end of the day, inflation is theft, taking purchasing power from the holders of cash. Central bank talk about raising rates is just a distraction, and efforts to cool inflation will not work, he says. He expects a rush out of currencies and a rush into real assets like precious metals.

0:00 Intro
1:15 Current market
7:35 Retirement
12:05 Money Markets
19:38 Inflation is theft
22:46 Dividends
24:43 Real estate
26:44 Silver manipulation
28:40 Mine nationalization
30:37 Holding cash
37:18 Traders Choice

Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieutenant. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading. Gregory currently hosts a business day “MarketReport” on YouTube. You can find out more about what he offers at his website Traderschoice.net.

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