It’s a world-leading educational series by Mike Maloney, the bestselling author of the Guide to Investing in Gold & Silver. As Mike explains in the series and his book, we live in an economic system that is made complicated by design.
Basically, it’s set up so most people don’t even try to understand it. In Mike’s videos, he breaks down these concepts using easy-to-follow analogies, real pages from history, and animations that tie it all together.
During this 30+ minute interview, Jason starts off by asking Mike about what crazy schemes central bankers will try to boost velocity of money?
Mike talks about the velocity of money and how it was discussed in his newly released Episode #7 of his popular Hidden Secrets of Money video series. Mike says negative interest rates are one way central bankers are trying to get people to stop saving and to spend more.
Mike talks about deflation and how baby boomers are trying to pay down debt and will probably have to sell assets to fund their retirement.
Jason then asks Mike about if the Federal Reserve will continue to lobby for permission from Congress to start buying stocks. Mike says there will be basically nothing to stop them from doing so in the future and Mike points to Ben Bernanke's 2002 Helicopter Money speech.
Jason and Mike discuss what deflation would mean for asset prices and the global economy and how if oil prices went below $29/barrel to say $10/barrel it would potentially cause war or other major geopolitical problems as well as bankrupting every single oil producer.
On gold and silver and its recent take down, precious metals expert Mike Maloney says don’t worry, precious metals prices are going higher, much higher. Maloney says, “Gold is real money, and it has stored value throughout the centuries. Silver is also real money, and it is the money of the common man.
Silver has been used in more transactions that any other medium of exchange throughout history. I expect if we get into a major war, you are going to see gold and silver take a moon shot. One of the things that some commentators have said is this will unfold very slowly until the day that it doesn’t.
Then it’s going to happen very fast. I believe that is one of the things that we are in for. You are going to see gold just take off and not look back, and silver is going with it. Also, silver will most likely outperform gold by quite a factor.”
It’s a world-leading educational series by Mike Maloney, the bestselling author of the Guide to Investing in Gold & Silver. As Mike explains in the series and his book, we live in an economic system that is made complicated by design. Basically, it’s set up so most people don’t even try to understand it.
In Mike’s videos, he breaks down these concepts using easy-to-follow analogies, real pages from history, and animations that tie it all together.
History shows that once or twice in a generation a global crisis comes along that radically devastates people’s way of life. A fundamental shift so big and drastic and overwhelming that it destroys their standard of living and impacts every area of their lives.
We are about to experience one of those events…As Mike Maloney outlines in his brand new episode of the Hidden Secrets of Money, that next major event is deflation. And the culprit will be a relatively obscure monetary term that will impact virtually every area of your life: money velocity.
You may not know exactly what money velocity means, but we will all soon experience it firsthand. In fact, money velocity will be the culprit of not just deflation, but the resulting inflation—and maybe hyperinflation—that will immediately follow.
Mike Maloney joins Harry Dent. They discuss inflation and the great deflation. What do they see coming and how best can we prepare for the inevitable collapse that is going to wreck the global economy?