Watch: ‘We’re in the Matrix’: U.S. On a Trajectory That’s Not Going to End Well, Warns David Morgan
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The Inflation Reduction Act passed last week does almost anything except address inflation, says David Morgan, author of The Silver Manifesto and founder of TheMorganReport.com. The "misnomer bill" only accelerates the current trajectory of the U.S., "and it does not end well," he tells our Daniela Cambone. Based on the current geopolitical landscape, "globalization is breaking up and is basically a failure," Morgan concludes.
#inflationreductionact #inflation #globalization
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Chapters:
00:00 Inflation Reduction Act
3:35 Fed’s $12 trillion QE
9:52 Morgan’s biggest worries
11:46 Recession and inflation redefinition
14:28 Morgan’s thoughts on cryptos
17:19 U.S. dollar and the fiat system
19:17 Why won’t the price of gold move higher?
20:20 Silver is undervalued
22:28 Final thoughts of investing
#inflationreductionact #inflation #globalization
⭐️ Join Daniela Cambone's exclusive community ➡️ https://danielacambone.com
➡️ Follow us on Facebook: https://www.facebook.com/StansberryRe...
➡️ Follow us on Twitter: https://twitter.com/stansberry
➡️ Follow us on Instagram: https://www.instagram.com/stansberry_...
➡️ Follow us on LinkedIn: https://www.linkedin.com/company/stan...
Chapters:
00:00 Inflation Reduction Act
3:35 Fed’s $12 trillion QE
9:52 Morgan’s biggest worries
11:46 Recession and inflation redefinition
14:28 Morgan’s thoughts on cryptos
17:19 U.S. dollar and the fiat system
19:17 Why won’t the price of gold move higher?
20:20 Silver is undervalued
22:28 Final thoughts of investing
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Francisco Gimeno - BC Analyst Everything happening now would be shocking just three years ago. Now, we are starting to be inured to economic, political, social woes. It doesn't matter what are the news today, it seems tomorrow will be even worse. That's the feeling, even though we live in an affluent society which has no paragon in history. So, the breaking of the idea of globalisation as proposed by US after the Cold War, the problems with economy and finances, social extremisms, the role of USD as global safe currency, and so on are becoming common, and no solution at sight. Even bills like the "Inflation Reduction Act" is criticised by any as probably causing the opposite. These are strange times.