Dollar Destruction: Will It End in Depression, Collapse or Civil War? | Tom DiLorenzo

Is America heading toward financial ruin, and is the Federal Reserve to blame? Dr. Tom DiLorenzo, President of the Mises Institute, joins Kitco News to explain why he believes central banking is a legalized form of counterfeiting and a direct threat to liberty. In this explosive interview, he outlines the economic, moral, and constitutional case for abolishing the Fed and why sound money is more than a financial solution; it’s a path to freedom.

Key points:
• Why DiLorenzo calls the Fed a “legal counterfeiter”
• The true cost of endless wars and deficit spending
• Can gold and Bitcoin coexist in a sound money future?
• Historical precedent for ending central banks in the U.S.
• What Gen Z is learning from Austrian economics

00:00 Introduction
01:59 The Federal Reserve's Role in Economic Instability
03:30 Historical Context and Critique of Central Banking
05:57 The Impact of Military Spending and Government Debt
16:56 Sound Money and Competing Currencies
25:44 The Origin of 'Dixie' Currency
26:14 The Demise of Competing Currencies
26:49 Bitcoin vs. Gold: The Future of Sound Money
28:19 The History of Central Banks in America
29:57 The Role of Central Banking in Government Power
39:34 The Potential Collapse of the Dollar
41:03 The Path to Ending the Federal Reserve
45:49 The Rise of Austrian Economics Among Youth
48:21 Conclusion

#EndTheFed #SoundMoney #TomDiLorenzo #MisesInstitute #Gold #Bitcoin #Inflation #Deficit #Trump #Fed #KitcoNews #DebtCrisis #FiatCollapse #Liberty #AustrianEconomics #CentralBanking

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