Retirement Lifestyle Advocates, Released on 4/16/23

When you look at the FDIC insurance programs that insure bank deposits, the deposit insurance reserve fund has about 170 billion in it to ensure $11 trillion of bank deposits. However, the idea that the insurance fund is there just to protect small depositors is very misleading. The primary duty of a modern central bank is to ensure the integrity of the commercial banking system; that means that all depositors must be protected. Our guest this week on Retirement Lifestyle Advocates radio is Mr. Alasdair Macleod. He shares a brilliant perspective on the banking industry and the future of Western currencies in his conversation with your host, Dennis Tubbergen.

Alasdair Macleod is head of research for GoldMoney. Alasdair has been a celebrated stockbroker and Member of the London Stock Exchange for over four decades. His experience encompasses equity and bond markets, fund management, corporate finance and investment strategy. Read Macleod’s writing: https://www.goldmoney.com/research.

  banking, banking crisis, currency crisis, finance, inflation