Palisades Gold Radio
Jan 14, 2023
Tom welcomes back Bill Holter of Miles Franklin to share his insights on the current state of the US economy and the looming debt crisis.
He explains that the current system is unsustainable, with the US debt now exceeding $32 trillion and a total of $200 trillion in debt promises. He notes that the US government is using deficit spending and inflation to try and maintain its economy, but this won’t work in the long run.
Bill suggests that a national sales tax could simplify the tax code, but due to the current political climate, this won’t happen anytime soon.
Foreign nations are no longer relying on the US dollar to conduct business, and are instead turning to gold, yuan, and rubles for transactions.
He suggests that individuals should begin to think in terms of ounces of gold and silver instead of dollars, as it is likely that this will be the new currency when the current system collapses.
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we’ll forward your request to the author.
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2022 Dinar Chronicles