Liberty and Finance, Released on 6/6/23
The U.S. “suspended” the debt limit until after the presidential election. Debt ceiling debates have largely been theater in the past, and it turns out this time was no different. We will continue to see a ballooning of the national debt. The current fiscal and monetary policy is going to continue to put strains on the regional and commercial banks, says Andy Schectman, CEO & president of Miles Franklin. Dedollarization continues to be a concern as rumors spread about more countries joining the BRICS.
2:02 Debt ceiling
16:50 Normalcy bias
19:30 Investing in metals
23:16 Weekly special
25:47 Miles Franklin
Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals. Prior to starting Miles Franklin, Ltd. in 1989, Andrew became a Licensed Financial Planner, specializing in Swiss Franc Investments and alternative investments. At Miles Franklin Ltd., a company that has eclipsed $5 billion in sales, Andrew has developed an operation that maintains trust, collaboration, and ethical behavior, superior customer service and satisfaction to better serve their clients. He is responsible for overseeing the firm’s operations and business functions; including strategy and planning, account management, finance, and new business.