Liberty and Finance, Released on 1/18/23
After years of easy money policy, nations have racked up massive amounts of debt. Tightening monetary policy threatens the whole financial system, says Alasdair Macleod, head of research at Gold Money. In the event of a banking crisis, the Fed could bail the system out, but only with newly created currency; a situation which would simply devalue the Dollar. He also discusses the growing divide between the East and West especially in the realm of energy. Eastern countries are moving to trade in currencies other than the Dollar which is threatening the Dollar.
2:50 Bank of Japan
23:05 East/West split
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.