Fed, Banks, Gold, and Potential for Rapid Contagion: Lawrence Lepard
June 27, 2023
Lawrence warns of the mounting U.S. debt obligations, surpassing a trillion dollars annually, which the government may struggle to meet. The Fed is caught in a predicament and will attempt to maintain the system’s stability despite market pressures. Lawrence advises holding assets like gold, silver, or bitcoin for long-term wealth protection, as these assets can rapidly appreciate during crises. Increasing the money supply offers only temporary relief, and excessive credit borrowing is an unsustainable solution for consumers.
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