What the fed has to do is to sacrifice the currency to avoid a 1930s-style depression. They’re going to almost explicitly say, “We’re going to let the dollar fall as far as it has to fall. We’ve got to protect jobs, et cetera, et cetera. We can’t let the economy just go completely bust. So, if we have to have eight, nine, or 10% inflation forever, we’ll just have to accept that as the least bad in a menu of bad options.” Retirement Lifestyle Advocates Radio welcomes back to the show this week our guest, John Rubino. Your host, Dennis Tubbergen talks with John about the economy, currency, Bitcoin, and how the latest decisions from Washington may impact the future.
John Rubino is the founder of the financial website DollarCollapse.com. He is the co-author, with Gold Money’s James Turk, of The Money Bubble, The Collapse of the Dollar and How to Profit from It, and author of Clean Money: Picking Winners in the Green-Tech Boom. After earning a Finance MBA from New York University, he spent the 1980s on Wall Street, as a money market trader, equity analyst, and junk bond analyst. During the 1990s he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications.
The game theory and the incentive structure of Bitcoin is pure genius to the point where it doesn’t really matter what governments try to do to ban it because the incentive structure is such that it’s going to be adapted. First-time guest on Retirement Lifestyle Advocates radio, Mr. Mark Jeftovic talks with your host Dennis Tubbergen about how cryptocurrencies are impacting the economy as governments continue to weaponize the entire financial system. The more governments clamp down on Bitcoin and other cryptos, the stronger the incentive is to acquire them.
Mark E. Jeftovic Mark is a 30-year veteran of the Internet, the co-founder & CEO of easyDNS Technologies, a Toronto-based web services company, and the author of two books about the internet; Unassailable: Protect Yourself from Cancel-Culture, and Deplatform Attacks, and other Online Disasters. Additionally, Jeftovic authors the blog site bombthrower.com and The CryptoCapitalist Newsletter.
Inflation is now running at three and a half times higher than the Fed’s target rate of 2 percent. The Fed is clearly worried about this, and now appears poised to announce a doubling of the tapering at next week’s FOMC meeting in an effort to get the table set for interest rate hikes and normalization. On this week’s Retirement Lifestyle Advocates radio show your host Dennis Tubbergen talks with guest Michael Pento about the repercussions the Fed’s tapering action is likely to have on the markets. Listen in to hear Mr. Pento’s predictions for the markets in the coming year.
Michael Pento is the President and Founder of Pento Portfolio Strategies with more than 27 years of investment experience. He was the portfolio creator and consultant to Delta/Claymore’s commodity portfolios that raised more than $3 billion, distributed through Claymore/Guggenheim’s sales network. He produces the weekly podcast “The Mid-Week Reality Check” and is the author of the book “The Coming Bond Market Collapse.”
The country of El Salvador recently announced its acceptance of Bitcoin as legal tender. That should have been very bullish for Bitcoin and cryptocurrencies in general… but instead, within minutes, Bitcoin’s value plummeted nearly 12 percent. According to our guest on Retirement Lifestyle Advocates radio, Mr. Rob Kirby, the FED and other central banks are manipulating the crypto markets, just as they do gold/silver markets. Listen in as Mr. Kirby explains to your host Dennis Tubbergen why and how he believes the US dollar’s reserve currency status could be over by year’s end.
Rob Kirby received his post-secondary education at York University [Economics] in Toronto. Upon completion, he worked on an institutional trading desk for most of the 1980s and right up until 1996. Mr. Kirby began writing in 1997 and was involved in a number of entrepreneurial pursuits. In 2002, he went to work for Investor’s Group, the largest Mutual Fund Company in Canada until September ’04 when he resigned to write about the markets.