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On The Precipice Of Collapse | Alasdair MacLeod
"The banking system is in the state of collapse," says former bank director Alasdair MacLeod. In effort to support the banking system, central banks will create an inflate away the value of currencies. Therefore, the current inflationary crisis will only get worse. While rising prices are eating away at people's savings, asset values are falling amid rising interest rates. "Where do I put my money?" is a more pertinent question than ever before.
Find MacLeod online: https://www.goldmoney.com/research/goldmoney-insights
0:00 Intro
1:07 Inflation crisis
9:13 Rush from currency
14:19 Banking system
23:30 Interest rates
26:55 Paper vs physical
35:12 Financial collapse
42:01 MacLeod online
43:36 Miles Franklin
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