Too much liquidity (E1720)
In this episode of Summer Solutions 2021 of the Keiser Report, Max and Stacy chat to Alasdair Macleod of Goldmoney.com about the problem with ‘too much liquidity.’ Will the central bank choose to raise interest rates or to allow the dollar to collapse? Macleod feels most central banks have no choice but to allow inflation to rip. They also look at the balance sheet of the People’s Bank of China and forecast the possible consequences of their having much less debt and leverage than Western central banks.
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