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Dollar In Terminal Decline; The "Experts" Are Failing Us | Andy Schectman

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Published on 09 May 2024 / In News and Politics

Inflation is not going away, says Andy Schectman of Miles Franklin Precious Metals. He argues "this pipe dream of a soft landing and lowering rates is off the table." The US dollar is in "terminal decline." While the US weaponizes its currency, other countries are slowly joining forces with one another and decreasing their dependence on the US. The only way to fund the US's massive deficits will be to print currency as many nations stop buying Treasuries, he forecasts.

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White House economic adviser struggles with question on monetary policy:
https://youtu.be/jAuoBOtPJKs?si=bpSRxEW5QHbsGxpu&t=163

UK Royal Mint Begins Unprecedented Buybacks of Non- Royal Mint Metals:
https://www.royalmint.com/invest/sell-your-precious-metals/

INTERVIEW TIMELINE:
0:00 Intro
1:20 Cryptocurrency convention
3:05 Preservation vs speculation
8:00 Jared Bernstein's interview
13:44 The decline of the America
25:26 Precious metals update
41:16 Weekly specials
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