Liberty and Finance
Premiered May 15, 2023
Rafi Farber joins us to discuss the debt ceiling. He says if a U.S. defaults – even a temporary one – would jeopardize the whole system. The system is so fragile that any of a number of things could take it down, he says. What new monetary system would rise out of the ashes of the current system? Farber discusses how a gold-based system would work and why it’s likely the world will return to the yellow metal.
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