Carol Roth

Unless we want the world's global markets to blow up, we're going to end up seeing the Fed, probably with the Treasury, whether it's directly or through one of their things that they call something else. We're going to see them do the same thing, and we're going to see them continue to print money, and we're going to see them continue to suppress the interest rates, and it's going to do the same thing that it's done. It is going to continue to devalue your dollars.

Take away your purchasing power from the labor that you've put out, from the investments you've made, and we're going to continue to see this widening of the haves and have-nots, which is not a good thing for our country. And it's one of the reasons why over the past several years I've told people to hedge themselves with precious metals like gold, so that they can at least keep some of that purchasing power intact,

Minä haluaisin kertoa, että jos jokainen jäi bankin kohdalle ja laittoi sivuilta ja käytettiin sitä rahaa ostamaan asioita, jopa keskusteluja, joita he kutsuivat sivuilta, kun Fed tekee sitä, he kutsuvat sen monimuotoisuuteen. Joten laittaminen sivuilta. Tämä koko asia on hieman yllättävää.

I think if we've seen how dysfunctional Congress is, the executive branch, the fact that we have no continuity in our government, to the extent that we want somebody to have the Fed powers,

You wouldn't want it to be the government. You'd want it to be an entity that at least has some idea of what's going on financially and is not entirely political. I'm not saying that they're not political. I'm just saying entirely like you wouldn't want, you know, the congressman from, you know, like I'll just pick myself like, you know, like the House representative from my district in Illinois, who's like 87 years old to be like in charge of monetary policy. It's insane.

Meidän täytyy mennä takaisin ja kysyä, mitä FED tekee. Meillä on käsiteltävä mandaattia, joka on kestävät maksujat, joita he ovat todennäköisesti pysähtyneet pysähtymään, ja kestävää työntekijöitä. Luulen, että käsiteltävänsä fiskalaisessa tilanteessa niiden laitteet eivät välttämättä mene niin hyvin.

You have somebody who is supposed to help control the money supply, because as there's more productivity, there has to be decisions on how much more of those claims get out into the market. Many economists, including Milton Friedman, had something called the K-percent rule, which is basically you just tie the increase in the money supply rule

to a metric that makes sense, whether it's the GDP or some other metric for growth. So there are different ways that you could get around that. You can have the banks lend to each other, even if you needed some sort of cash and settling up and setting market rates. They could do that in a market fashion. So the only reason you need the central bank today

is to make sure that the system that has been created globally doesn't completely collapse and implode. So it's a system that never needed to be in place and has created all kinds of issues and hardships. But the idea that we could just...

completely pull the plug on it one day and not have massive consequences, especially for the US right now, given our fiscal situation and what likely needs to happen. If we let the market decide what the real cost is of financing the government, we're pretty much done tomorrow. So it's one of those things. It's horrible.

me should start to remove more and more of their powers but you know even though like the kind of you know anarchist in me is like hey let's just blow the whole thing up anyway you know it's just it's not

It would be a really bad outcome. And so I do think that there's probably something that happens that leads to different kinds of financial global resets. And I think we're going to see things like gold become more of a de facto reserve currency. And as we start to

extract ourselves from this fiat system, which is going to be a painful scenario if we can, and assuming Congress can get their act together, which is highly unlikely in terms of spending, then we could have a legitimate conversation as, do we need all of this plumbing in the system? And the reality is that once...

dollar is already losing some of its status i mean it's still you know the top non-precious metals based reserve is still used in a ton of global trade but that is continuing to shift and change and there's active pushes to continue to shift and change that but as the dollars become less important if we start seeing things like trade wars being fought with capital wars

Joten kaikki maat, jotka investoivat meidän bondistock-markkinoillemme, alkoivat poistaa rahaa niistä markkinoista. Ja dollari tuli vähemmän ja vähemmän tärkeäksi kuin koko taloudellinen sektori itse, joka on iso sektori, yksi suurimmista sektoreista.

Yhteenpäin, se on tärkeämpi, ja sitten taas voimme keskustella keskustelua keskustelua keskustelua keskustelua keskustelua keskustelua keskustelua keskustelua

Ja ne ovat väärät ja huonoja, mutta ne existoivat, joten meidän täytyy olla realistisia siitä, miten me voimme saada ne ulos johonkin systeemiin, eikä vain luoda huonoa tilannetta, kuin jos ne olisivat oikeasti siellä.

Well, the good news is as long as we have the biggest bombs, as Gaddafi and Maduro learned, they kind of have to keep paying for oil and other things in dollars. Well, but that's the problem. Just take you out. Well, the problem is that I don't know that we do. And we are dependent upon China for a lot of the manufacturing of componentry as well as rare earth elements, whatever, that go into our defense.

And that's one of the reasons why the situation is so tenuous and to the lay person who doesn't kind of, you know, focus on all of these different things going on and see how they're interconnected. Like you're going, what are you even talking about right now? But there's a lot of.

Things going on in the global and overall financial order that are shifting and changing based on the realities of what our financial system has been, where we stand now, and things like commodities, who owns them, who owns manufacturing. And it's why the Trump administration, frankly, has been focused on things where people are like, why are you focused on this?