Gold News Hubb
Advertisement Banner
  • Home
  • News
  • Gold Mining
  • Contact
No Result
View All Result
  • Home
  • News
  • Gold Mining
  • Contact
No Result
View All Result
Wellnessnewshubb
No Result
View All Result
Home News

Our currency, the world’s problem

admin by admin
November 20, 2022
in News


Real Investment Advice/Michael J. Lebowitz/11-16-2022

“While it may appear the post-Bretton Woods covenant is a win-win pact, there is a massive cost accruing to everyone involved. The U.S. has too much debt. As such, it has become increasingly dependent on low-interest rates to spur debt-driven consumption and to pay interest and principal on existing debt.”

USAGOLD note: Liebowitz lays out the dangers to a global economy of a Fed held hostage by the high level of debt – public and private. This analysis offers a good explanation as to how that became the case…… and why time is running out.

Share

This entry was posted in Today’s top gold news and opinion. Bookmark the permalink.



Source link

Previous Post

Silver heads for biggest deficit in decades, Silver Institute says

Next Post

Comex Vaults See Seventh Straight Month of Outflows

Next Post

Comex Vaults See Seventh Straight Month of Outflows

Recommended

Will Jerome Powell Be Like Volcker or Burns?

5 months ago

Peak inflation? The new dilemma for central banks

3 months ago

© 2022 Gold News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • News
  • Gold Mining
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • News
  • Gold Mining
  • Contact

© 2022 Gold News Hubb All rights reserved.