Dollar Squeeze & Banking System Failure | Rafi Farber
Shrinking deposits cause a "Dollar squeeze," says Rafi Farber, founder of The End Game Investor. A Dollar squeeze could cause a cascade of bank failures as bank runs spiral out of control. The currency supply has a "fault line," he says, where if it contracts too far, we'd see system failure. We don't know where that line is, but "it's there and we're headed towards it."
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INTERVIEW TIMELINE:
0:00 Intro
2:09 COMEX delivery
8:40 Debt ceiling show
14:39 Banking crisis
17:25 Gold premiums
24:00 Investing in metals
29:50 Inflation everywhere
36:24 The End Game Investor
37:36 Miles Franklin
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