Liberty and Finance, Released on 9/26/22
If the Fed funds rate rises to 4% or higher, markets could enter panic mode, says John Rubino, founder of DollarCollapse.com. “There will truly be no place to hide,” he says. Cash will be losing value from inflation. Bonds will be falling. Real estate will tank. And stocks will fall along with everything else, he says. “It’s potentially the kind of market we have never seen before.” Preparedness is more important than ever, he notes.
0:00 Intro
1:04 Dollar collapse
6:25 New events
9:40 PPI
16:31 Prepping
23:55 US reserve currency
33:07 The big picture
39:15 Miles Franklin
John Rubino is the founder of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney’s James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980’s on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990’s he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications. He currently writes for CFA Magazine.