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The Federal Reserve has actually gone past the defining moment and also is unlikely to be able to relax their annual report in the foreseeable future, according to very popular author Jim Rickards as well as Peter Schiff, Chief Executive Officer of Euro Pacific Capital.
In this second segment of the three-part meeting, Rickards as well as Schiff talk about the consequences of the Federal Get paying for the country's costs, or as Schiff called it, "free cash."
View component 1 of this interview here:
The third and last segment, a discussion on inflation vs deflation, will certainly be launched on Monday, August 3.
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Rickards and Schiff warn about the coming monetary collapse (Part 2/3)
The Federal Reserve has gone past the point of no return and is unlikely to be able to unwind their balance sheet in the foreseeable future, according to best-selling author Jim Rickards and Peter Schiff, CEO of Euro Pacific Capital.
In this second segment of the three-part interview, Rickards and Schiff discuss the consequences of the Federal Reserve paying for the nation’s expenses, or as Schiff called it, “free money.”
Watch part 1 of this interview here: https://www.youtube.com/watch?v=TnOcRRJHTmk
The third and final segment, a debate on inflation vs deflation, will be released on Monday, August 3.
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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