In this video, we sit down with Dr. Marc Faber, editor and publisher of Gloom, Boom and Doom Report, about the current financial stress in the system and the possibility of the Fed continuing to raise rates amidst mounting debt. Dr. Faber explains the difficulty of the situation due to interest rates being kept artificially low and inflation being high. He suggests that the Fed will move slowly and, if problems occur, will flood the system again with liquidity. Furthermore, we go over the CBDC, or central-backed digital currency, and its potential impact on society.
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DISCLAIMERS/TERMS/RULES:
► I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.
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