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Gold, National Debt, And Debt Limit Correlated For Over Six Decades

from CaseyResearch.com

Managing Director of Global Gold Claudio Grass from Switzerland discusses paper money vs. hard assets… the flow of wealth from West to East…how likely a global monetary collapse is… and the chances of a global return to some form of gold standard.

Here are a few takeaways:

“The people have to understand that … we were born as free people and that we should not act as rulers and slaves. And therefore we should not accept a fiat money system where a few central banks or individuals basically can print money out of thin air, and they decide how much the money will be worth and how much the interest rates will be and who is going to receive the money. I think this kind of system is completely nuts.”

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