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Skyrocketing Rates To Destabilize Financial System | Alasdair MacLeod
Interest rates are going to rise considerably higher than expectations, forecasts Alasdair MacLeod, head of research at Gold Money. As rates rise, the value of bonds will fall, central banks' balance sheets will collapse in value.
Skyrocketing rates are poised to "destabilize the global financial system," Macleod says, as he explains the drastic consequences we will face.
Find MacLeod online: https://www.goldmoney.com/research/goldmoney-insights
0:00 Intro
1:20 Rising rates
5:22 Food shortages
10:00 Ruble & gold
18:02 Ruble & energy
20:49 Currency crisis
28:00 Cryptocurrency
32:50 Gold Money
35:00 Miles Franklin
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