The global monetary system is breaking down. Governments are running out of taxpayers, inflation has become official policy, and sound money is making a comeback. Author and commentator Dominic Frisby joins Jeremy Szafron to explain why the next financial revolution is already underway. He warns that AI and automation are wiping out the labor base that funds governments, forcing states to experiment with digital control systems and central bank digital currencies that he believes will fail. ...
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The global monetary system is breaking down. Governments are running out of taxpayers, inflation has become official policy, and sound money is making a comeback. Author and commentator Dominic Frisby joins Jeremy Szafron to explain why the next financial revolution is already underway. He warns that AI and automation are wiping out the labor base that funds governments, forcing states to experiment with digital control systems and central bank digital currencies that he believes will fail. ...
Danielle DiMartino Booth: Gold's Violent 5% Drop Is a 'Repeat of March 2020'
Kitco NEWS
23 minutes
3 weeks ago
Danielle DiMartino Booth: Gold's Violent 5% Drop Is a 'Repeat of March 2020'
The financial system is sending out a major distress signal. While stocks hover near all-time highs, former Federal Reserve insider Danielle DiMartino Booth warns that a systemic liquidity crisis is already here, and it will force the Fed to abandon its inflation fight. In this interview, the CEO of QI Research tells Kitco News' Jeremy Szafron that the violent 5% sell-off in gold is a "repeat of March 2020"—a forced liquidation event signaling that the "dash for cash" has begun. She breaks d...
Kitco NEWS
The global monetary system is breaking down. Governments are running out of taxpayers, inflation has become official policy, and sound money is making a comeback. Author and commentator Dominic Frisby joins Jeremy Szafron to explain why the next financial revolution is already underway. He warns that AI and automation are wiping out the labor base that funds governments, forcing states to experiment with digital control systems and central bank digital currencies that he believes will fail. ...