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7 Aug, 2021 07:20

Through the fiat looking glass (E1733)

In this episode of the Keiser Report, Max and Stacy look at the US dollar’s Red Queen syndrome – since Nixon closed the gold window, disallowing foreign central banks from redeeming their dollars for gold, thereby facilitating its devaluation, Americans have had to work harder and harder just to stay in the same place. In the second half, Max continues his interview with Egon von Greyerz, of GoldSwitzerland.com, about the coming dollar reckoning, as the tension builds between a rising power, China, and a fading one, the US.

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