By Matthew Piepenburg
The de-dollarization is a watershed second.
Matthew Piepenburg shares his views on this in depth interview with Daniela Cambone of Stansberry Analysis, protecting the FED, petrodollar and de-dollarization, banking danger and gold.
“The world’s reserve foreign money just isn’t going to vary.”
The U.S. greenback accounts for 60% of the worldwide foreign money pool. Consequently, what’s altering is the hegemony, the respect, the belief for the U.S. greenback as a fee system.
BRICS nations started buying and selling with one another utilizing different currencies as a result of the Fed’s interest-rate hikes made the US greenback too costly. Overseas treasuries and international nations have been dumping U.S. treasuries all through 2022… $14 trillion in international debt needs to be paid in U.S. {dollars}. The fiat recreation just isn’t sustainable. This debt recreation just isn’t sustainable. You may’t hold fixing the debt downside with extra debt. FedNow and different central financial institution digital currencies solely serve to broaden the federal government’s management.
Defend your wealth by means of direct possession of bodily gold.
Timestamps:
0:00 Introductions
2:09 Why cant the Fed be truthful?
6:37 Bogus Shopper Worth Index Knowledge
9:04 Petrodollar and de-dollarization
12:50 BRICS
17:56 Gold-backed foreign money
19:20 Central again digital currencies
25:50 How far are we from a real CBDC within the U.S?
27:40 Banking System
31:33 Gold
39:00 Ultimate ideas in the marketplace
