Gold to $10,000 in The Big Reset | Willem Middelkoop
Forward Guidance
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The Fundamental Weaknesses of Our Current Monetary System
The current monetary system will have a lot of stress once the debasement of currency gets into a higher gear. And that's what happened after the Lehman crash first in 2008 and now after the start of early 2020, we've seen an incredible amount of money being added to the balance sheets of central banks. This is the reason why inflation is picking up now. So the system really becomes stressed. Once a system gets stressed, the central banks can only do one thing, it's lower interest rates towards zero. And then they're trips. And that’s where we find ourselves now. That's a very dangerous situation.
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