On todays episode of the WTFinance podcast I had the pleasure of speaking with Alasdair Macleod - Head of Research at Goldmoney, Educator for sound money and demystifying finance and economics.
During our conversation we spoke about why interest rates are so important in the current scheme of things, how current events impact the banking industry, the end game of current debt system and what this means for precious metal prices. Video by WTFinance.
0:00 - Introduction
0:16 - Alasdair’s current thoughts on the market
8:10 - Deposits being withdrawn from banks
10:38 - How does this effect the banking industry?
16:15 - Whose fault is the banking collapse?
21:19 - End game of current debt system?
27:10 - Any historical examples of devaluation of a currency?
32:50 - Will all fiat currencies devalue?
37:55 - Why have precious metals prices increased?
44:20 - One message to takeaway from our conversation?
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