When People WANT OUT Of The Banking System | Andy Schectman

Liberty and Finance, Released on 9/6/22

Wealth confiscation is happening right now through inflation. Countries around the world are moving away from the U.S. dollar at an accelerating pace. People are increasingly concerned also about the safety of their money in the bank. “The banks are undercapitalized, and they’re over leveraged,” says Andy Schectman, CEO & president of Miles Franklin Precious Metal Investments. It wouldn’t take too many people pulling their currency out to cause serious problems to the banking industry, he says.

0:00 Intro
2:15 Dedollarization accelerating
15:54 Are banks safe?
20:25 Weekly special
27:41 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.

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