Kitco News, Released on 10/20/21
A monetary system collapse is coming, and the trigger will be raging inflation, said Lawrence Lepard, Equity Management Associates managing partner.
“We’ve reached peak debt and peak money printing as a solution to our problems. The growth of the money supply has almost gone vertical”, Lepard told Michelle Makori, editor-in-chief of Kitco News. “And this is how inflation, which could become hyperinflation, get started.”
The system is broken and needs a reset, Lepard stated, noting that the U.S. dollar “as we know it” will collapse during this decade.
Lawrence W. Lepard founded Equity Management Associates LLC. Currently, he is Managing Partner at Equity Management Associates LLC and Limited Partner at Johns Creek Partners LLC. He is also on the board of Amarillo Gold Corp. and Rise Gold Corp. In his past career he occupied the position of Principal at The Cue Ball Group LLC, Partner at Summit Partners LP, Managing General Partner at Geocapital Partners LLC, Investment Associate at Continental Illinois Venture Corp., Financial Analyst at Smith Barney Harris Upham & Co., Inc. and Financial Analyst of Citigroup Global Markets, Inc. (Broker). Mr. Lepard received an undergraduate degree from Colgate University and an MBA from Harvard Business School.