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A monetary system collapse is coming, and the trigger will be raging inflation, said Lawrence Lepard, Equity Management Associates managing partner.
"We've reached peak debt and peak money printing as a solution to our problems. The growth of the money supply has almost gone vertical", Lepard told Michelle Makori, editor-in-chief of Kitco News. "And this is how inflation, which could become hyperinflation, get started."
The system is broken and needs a reset, Lepard stated, noting that the U.S. dollar "as we know it" will collapse during this decade.
Follow Michelle Makori on Twitter: @MichelleMakori ( / michellemakori )
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Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our cha…...more
The U.S. dollar 'as we know it' will be dead in 10 yrs, bitcoin price to hit $2 million in 5 yrs
7.1KLikes
194,401Views
2021Oct 20
A monetary system collapse is coming, and the trigger will be raging inflation, said Lawrence Lepard, Equity Management Associates managing partner.
"We've reached peak debt and peak money printing as a solution to our problems. The growth of the money supply has almost gone vertical", Lepard told Michelle Makori, editor-in-chief of Kitco News. "And this is how inflation, which could become hyperinflation, get started."
The system is broken and needs a reset, Lepard stated, noting that the U.S. dollar "as we know it" will collapse during this decade.
Follow Michelle Makori on Twitter: @MichelleMakori ( / michellemakori )
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.…...more