“We don’t have to behead the king if we can just ignore him” – Claudio Grass

Summary:
“Negative interest rates are unsustainable and once investors decide to stop paying for the privilege of holding government debt, a banking crisis could result, says James Grant.” Returning SBTV guest, Claudio Grass, speaks with us about the unsustainable pensions, crumbling fiat currencies and a looming financial crisis in a world of insane central bank monetary policies. Discussed in this interview: 01:31 A looming global recession ahead? 06:47 Money printing by central banks at its limits 08:18 Governments and central banks are out of control 11:14 Pensions are not sustainable especially with negative interest rates 15:46 No bright future for the dollar and euro 24:03 Lack of gold backing: Cause of economic woes 26:58 Digital world can offer freedom away from centralization 28:50

Topics:
Claudio Grass considers the following as important: Economics, Finance, Gold, Monetary, Politics, Thoughts

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