Geopolitics & Empire, Released on 10/17/20
Alasdair Macleod explains why he thinks the U.S. dollar and other fiat currencies have already entered into the stage of hyperinflation and that central banks have reached the end of the road. He doesn’t believe Central Bank Digital Currencies (CBDCs) will gain traction and thinks the dollar is toast. He gives his take on the geopolitical US-China dynamic, including potential for military conflict, and tells why gold is a great hedge in this situation.
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.
Alasdair Macleod: Hyperinflation, Death of the Dollar, Gold, & China added by Herman James on
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I love Alasdair! But I have a question, I was confused by his statement that a cashless system was different than a system that used exclusively digital transactions. If there was no cash, wouldn’t the system have to be digital?
I do hope he is correct that the Central Banks are unlikely to be able to institute a digital system . . . but it seemed that he was saying that a cashless system was possible, could you please explain? Thanks