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Podcast: Thorsten Polleit
Episode: Ep. 242 | The World’s Fiat Money Regime Under Pressure. The Value Proposition for Gold
Description: It’s becoming evident that we’re witnessing a shift towards a less free economic and societal model – a trend that could be characterised as a “Chinarisation” of the Western world, a form of Communism-Light. Proponents and supporters of this ideology are likely to staunchly defend the fiat money system as part of their agenda. – Against this backdrop, I believe investors should exercise caution in assigning too high a probability to the scenario of an imminent demise of the US dollar or a breakdown of the world’s fiat money regime, even as pressure on the US dollar mounts. Instead, it may be prud...