Governments To Sacrifice Currency During Economic Collapse with Mario Innecco
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Interview recorded - 1st of May, 2023On todays episode of the WTFinance podcast I had the pleasure of speaking with Mario Innecco - a financial markets, macroeconomics and monetary policy analyst. During our conversation we spoke about how things have changed over the last 7 months, whether we could see other banks under pressure, how a deflationary crash or hyperinflation are likely and what this means for precious metals moving forward. I hope you enjoy!0:00 - Introduction0:45 - Changes in markets since our last conversation?3:40 - Other banks coming under pressure?5:25 - Breaking the laws to fix the system7:10 - International reward, country risk9:25 - A move away from fractional banking?12:50 - Gold storage the new banks?15:00 - Hyperinflation or mass deflation?17:00 - Currency to be sacrificed to save economy?18:50 - De-dollarisation and a fractured world currency market?22:40 - What asset could replace the US Dollar?24:50 - Any other hard assets that could protect wealth during collapse?Mario has been running his YouTube channel maneco64 since November 2015.His background is in financial markets and economics. He worked for over twenty years in the City of London and specialised in the exchange-traded derivatives market.​Mario dealt for major financial institutions and corporate entities advising clients on the government bond market, interest rates, financial markets in general and the economy. ​He has also been an ardent student of the Austrian School of Economics.​Through his videos and also articles here on his blog he endeavours to inform the public about how the financial markets and our current fiat monetary system functions.Mario Innecco - YouTube -  @maneco64 ) Twitter - https://twitter.com/maneco1964LinkedIn - https://www.linkedin.com/in/mario-innecco-a329416b/?originalSubdomain=ukWebsite - https://www.maneco64.net/WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas