Wealthion - Be Financially Resilient cover image

Painful Reckoning Ahead Due To "Really Really Dumb" Monetary Policy | David Hay

Wealthion - Be Financially Resilient

00:00

The Net of the Mountain of Money

A trillion dollars has come out of bank deposits and gone into money funds. That's what I call the net of the mountain of money, the mountain money myth. The banks have too much in the way of treuries that's killing their ability to provide financing for people who need it. And also which isn't getting much press is that federal deficits are exploding.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app