John Rubino, Patrick Highsmith and Michael Oliver return as guests on this week’s program.
In 2004, John Rubino and James Turk wrote “The Coming Collapse of the Dollar and How to Profit from it.” John Maynard Keynes stated, “There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million can diagnose.” Rubino and Turk wrote about the upcoming dollar collapse 17 years ago but the dollar is still the world’s reserve currency. Were they wrong? Or is America’s current move into fascism under President Biden evidence that an ongoing destruction of the dollar since 1971 is leading to the destruction of American society starting with the most basic America right, The First Amendment?
With the destruction of the American Republic well underway, what will happen to American society when the dollar finally does enter the dustbin of history as all fiat currencies through history have? With the Biden Administration spending trillions upon trillions of dollars that can only be funded with computer money, can a hyper-inflationary destruction of purchasing power be far away? Those are all topics for John.
Michael opines from his technical viewpoint on the dollar's future and Patrick explains how Firefox Gold is a possible vehicle to help insightful investors profit from the dollar's demise.