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Unstoppable Derivative Collapse To Destroy Currencies | Alasdair MacLeod
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Rising interest rates are creating a credit contraction that could lead to a systemic failure of the banking system, says Alasdair MacLeod, head of research at GoldMoney Inc. The endgame? Amid a collapse in derivatives, the world's central banks will have to save the system through currency creation. The further expansion of the currency supply will eventually be currency destroying, MacLeod says.
Find MacLeod online: https://www.goldmoney.com/research
0:00 Intro
2:58 Banking & credit
18:23 Derivative collapse
25:40 Geopolitics
41:13 Real assets
52:45 Miles Franklin
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