Faith and Confidence in Central Banking Has Peaked.
In this report, from London on Saturday, October 26th, 2019 I chat about money, currency and our current monetary system.
I will be going over the history and definition of money and I will also be recommending a book by Austrian School economist Murray Rothbard about money entitled "What Has Government Done to Our Money". In my opinion, it is really important to understand the basics and fundamentals of money if one is to understand what is happening in our current system.
Central Banking and their fiat currency debt-based system have come to a point presently where the system is so rotten that we are seeing irrational things like negative rates and constant money printing take place in order to keep the system going.
My conclusion is that faith and confidence in the current system have peaked and is also rapidly disappearing as more and more people come to the realization that the system is rotten, corrupt and fraudulent. The Powers that Be will, of course, put up a fight but eventually their credibility will be completely wiped out as you cannot solve a problem of too much debt with even more debt.
Gold and Economics Freedom by A.Greenspan: http://www.321gold.com/fed/greenspan/1966.html
What Has Government Done to Our Money by Murray N. Rothbard: https://mises.org/library/what-has-government-done-our-money
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