Liberty and Finance, Released on 8/6/22

Stocks tanked the first half of 2022, but now markets are rallying again. Volatility will continue to rise, says John Rubino, founder of DollarCollapse.com. But the bigger story is that the current system of fiat currency and debt is coming to an end. “We’re close to the breaking point,” he says. The realization that there is no painless fix to high inflation will put markets in turmoil. “Over the next few years we could see the next phase of the chaos.” It is imperative to be prepared. “The solution to chaos is to limit your risk, because you just can’t know exactly what’s going to happen.”

0:00 Intro
1:12 Inflation vs deflation
3:54 Job’s report
7:42 Stock market
10:52 China conflict
15:52 Dedollarization
20:28 Distrust
25:11 Aware & prepared

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.

  deflation, inflation, stock market