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. ...
Lacalle: Fed Was “Too Late, Too Slow, Too Wrong” as Debt Crisis Deepens
Kitco NEWS
44 minutes
1 month ago
Lacalle: Fed Was “Too Late, Too Slow, Too Wrong” as Debt Crisis Deepens
Global markets are flashing red as debt, inflation, and confidence collide. “Inflation is not a fatality. Inflation is a policy,” warns Daniel Lacalle, chief economist at Tressis, calling today’s turmoil a “slow-motion implosion” of advanced economies. Speaking with Kitco News Anchor Jeremy Szafron, Lacalle says the Federal Reserve has been “too late, too slow, and too wrong” about inflation, and that central banks are “doing all they can to maintain the sovereign debt bubble alive.” He argu...
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. ...
